Tax Bot

by bkper

The Bkper Tax Bot is triggered upon transaction posting and calculate taxes based on its amount, such as VAT, GST and the like, recording a new transaction with that information.

Bkper Tax Bot in action

Tax on sale example

Tax on sale example

Tax on purchase example

Tax on sale example

The examples use simplified cash basis for easy understanding. You can also set more complex tax flows involving accounts payable and receivable instead of the direct Bank Account.

Learn more about sales taxes and bots on Bkper:

Bkper Bots Installation

Sales taxes on Bkper

Tax Bot help