Here’s a sample of the invoice your subscriber will receive.
The invoice will be designated as a “TAX INVOICE” if tax settings are enabled. Conversely, if taxes are not enabled, it will simply be labeled as “INVOICE,” and any tax-related fields will be hidden.
Here are the key components of the invoice:
1. Logo: You can upload your company logo in the Settings section.
2. Company Name & Address: Ensure that your company’s name and address are accurately provided.
3. Tax Number: To add your Tax Number, navigate to Settings, select “Tax Settings,” and enter the “Tax ID Name” (e.g., GST) along with your “Tax ID No.” After entering the details, click on Save.
4. Date: This represents the start date of the subscription plan.
5. Invoice No: This number is generated automatically.
6. Plan Details: This section outlines the subscription plan for the specified date, including any one-time plans associated with it.
7. Tax: If taxes have been entered, they will be displayed here. The plan amount will always reflect any applicable taxes.
To apply tax, go to Settings and select “Tax Settings” Click on “ADD TAX” and fill in the following details:
– Tax Name: Enter the name of the applicable tax (e.g., CGST).
– Percentage: Specify the tax percentage.
– With Effect From Date: Indicate the date from which the tax will be applicable; billing prior to this date will not include the tax.
– Upto Date: Enter the date until which the tax will be applicable.
After entering all necessary information, click on “Save” to finalize the tax settings.