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:
Related Articles
How to Set up Approval Workflow
Introduction Approval workflows are essential for maintaining control and accountability in your business operations. With Duplo, setting up an approval workflow ensures that expenses and transactions go through the right checks before being ...How to Set up Two-factor Authentication
Introduction Two-factor authentication (2FA) adds an extra layer of security to your Duplo account, ensuring that only authorized users can access sensitive business information. This guide will show you how to enable and set up 2FA, providing ...How to Activate Your Business on Spend
Introduction Welcome to our guide on activating your Duplo business account! This walkthrough will help you set up quickly, whether you're a startup or an established company. In a few steps, you'll be ready to use Duplo's tools for managing ...How to Set Up Account as an Invited User
Introduction Welcome to Duplo! As an invited user, completing your account setup is quick and easy. This guide will walk you through the process of finalizing your Duplo account, ensuring you can collaborate seamlessly with your team. By following ...Frequently Asked Questions
What is Spend Management? Spend management on Duplo is the strategic process that empowers businesses to plan, control, and analyze their expenditures through a streamlined digital platform. By providing a centralized view of company expenses, Duplo ...