What if I create a Tax Rule in Cin7 Core and not in Xero/QuickBooks Online? Will this create a new rule within my accounting app?

What if I create a Tax Rule in Cin7 Core and not in Xero/QuickBooks Online? Will this create a new rule within my accounting app?

Cin7 Core will not create new Tax Rules within your accounting application if you use Xero or QuickBooks Online for your accounting. Rather, all tax rules created within your accounting application are downloaded into Cin7 Core. If you do create a tax rule within Cin7 Core, this rule will not be synced over into your accounting application.

The correct tax amount will still be seen within your accounting application with an adjustment shown for the difference when you use this tax rule on an invoice in Cin7 Core.

Below are images of a rule created in Cin7 Core and used on a sales invoice which was then synced into Xero:

  1. A tax rule is created in Cin7 Core from Settings → Reference Books → Financial → Taxation Rules.
         

  2. A sale order and sale invoice is created using the new tax rule.
         

  3. After syncing to Xero, the new rule created in Cin7 Core will not be seen in Xero. Xero will just use an existing rule and create an adjustment to this rule showing the difference as seen in the screenshot below. All invoice totals will remain identical in both apps leaving no discrepancy.
         

 

Was this article helpful?

Have more questions? Submit a request