Create tax rates
Before you can start posting, you must create your required tax rates. To do this, go to Settings – Finances – Invoices – Options.
Here you go to VAT and enter your desired tax rates (e.g. 0%, 10%, 20%...). Then click on Save.
Create tax codes
In the next step you can then create your desired tax codes and the corresponding tax rate.
Once you have created the tax rates and tax codes, you can create the accounting accounts.