How to Set Default Tax Type for Organization?
Step 1: To set the default tax type for your organization, go to ‘Settings’ menu and select ‘Organization Profile’.
Step 2: In the bottom-right side of the form that appears, you’ll be able to locate the ‘Default Tax Type’ option.
You can choose either ‘Tax Inclusive’ or ‘Tax Exclusive’ option from the dropdown.
Note: Tax Inclusive and Exclusive options provide the convenience of declaring whether the tax amount should be included in a product’s cost or should be calculated excluding the price tag.