Use Tax Types and Automatic Revenue Rules

Finance includes Tax types and automatic revenue rules so agencies can estimate tax impact from gross revenue.

Add tax type fields

• Tax type: examples include VAT, sales tax, service tax, tourism tax, city tax, corporate income tax, withholding tax, vehicle road tax, environmental tax, stamp duty, and other tax.
• Custom tax name optional
• Rate %
• Apply automatically on revenue: when checked, this tax is estimated from gross revenue and subtracted in net revenue.
• Notes, filing period, or tax authority

Tax rule table

The tax rule table shows Tax type, Rate, Applied automatically, Estimated, and Actions. Rules marked as automatic show an estimated amount based on gross revenue and the configured rate.

Net revenue impact

Automatic tax rules reduce the Finance Net revenue metric. Net revenue is calculated as gross revenue minus manual expenses minus automatic taxes.

Accounting caution

Tax rules in AvelisseRent are operational estimates. Confirm the correct tax type, rate, filing period, and tax authority with the agency's accountant before using exports for filings.