How to Set up & Configure Taxes on Your Business
Introduction
Setting up taxes for your business is a crucial step in ensuring compliance with financial regulations and maintaining accurate financial records.
This guide will walk you through the process of configuring taxes within the Duplo platform, thereby helping you manage your business finances more effectively.
Let’s dive in!
To begin
Log into the Duplo Dashboard as a Business owner or admin
Click on Settings, and under Business Settings click on Taxes.
Click on Create New Tax to configure taxes on your business as shown below:
After creating a tax, you can now choose the tax setup for your business when creating an expense as shown below:
To learn how to create an expense click here
Awesome, you have successfully configured taxes on your business.
Note: To edit an existing tax, click on the action dots next to the tax and select the desired action. See the image below for reference:
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