Latest Update from HighLevel
In a quest to provide more tailored services to businesses, HighLevel now allows businesses to specify whether their products are tax inclusive or tax exclusive. By doing so, a business will ensure proper adherence to the required tax convention that aligns best with its needs.
To access this feature, simply navigate to Global settings of the platform, where the path is Payments > Settings > Taxes. Application of this setting is possible at both the product level during the creation process or editing phase, and universally for all future products.
At the Global level, two settings preferences are available: Tax Inclusive and Tax Exclusive. The selection comes as a response to the question “Include tax in prices”.
For individual products, three settings preferences are offered, namely: Follow Global settings, Tax Inclusive, or Tax Exclusive as responses to the same question. The default tax setting is automatic, exclusive of tax, until otherwise specified.
In instances where the selection shifts to Tax Inclusive at the global level, all subsequently created products default to being Tax Inclusive. It is important to note that all products created previously will feature default tax settings as per Global parameters. This ensures a dynamic tax preference adjustment for these products as global settings evolve.
A unique feature allows users to independently set specific tax settings for certain products, ensuring their preferred tax setting remains intact, even if changes are made to the global settings. This is possible by simply changing the tax preference to Tax Inclusive or Tax Exclusive during the product creation or editing phase, proactively adjusting to variable needs.
In conclusion, HighLevel continues to improve its infrastructure, focusing on personalisation and flexibility to provide the best possible experience for its users.
Click here for the full HighLevel update article
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