Defining Tax and Billing for Products

You can configure all Billing and Tax related information for your product from the Tax & Billing tab.

To define Taxes and Billing

You must have an existing price list item.

1. Select an existing price list item, click the more icon (), and click Advanced.
2. Click the TAX & BILLING tab.

3. Enter the following details:

   Field	Description
   Taxable?	Select this check box if the order is a taxable product or service.
   Tax Inclusive?	Select the check box if the price of the product is inclusive of taxes.
   Tax Code	Lookup to select the relevant tax code.
   Billing Rule	Select one of the following options Bill in Advance - To bill your customer before the product is delivered Bill in Arrears - To bill your customer after the product is delivered Ready for Billing Date - To bill your customer on the Ready for Billing Date you defined for the Order Line Item Payment on Receipt - To bill your customer when the invoice is presented
   Billing Frequency	Select one of the following options Monthly - To generate a bill once every month Quarterly - To generate a bill once every three months Yearly - To generate a bill once every year Usage -  To generate a bill based on usage
   Min Usage Quantity	If you defined the Billing Frequency to be usage based, enter a value to set the minimum quantity of billable consumption.
   Max Usage Quantity	If you defined the Billing Frequency to be usage based, enter a value to set the maximum quantity of billable consumption.

4. Click Save.