Tax Inclusive Product Pricing
There are two types of methods to apply tax on items. As a consumer, it can be confusing and time-consuming to understand if the cost of an item will increase when you go to checkout. For business owners, it’s essential to know the difference between Tax Inclusive and Tax Exclusive costs so that you can instill a system that works best for your business.
In some cases, tax inclusive prices are preferred when it comes to quick transactions. Customers need not worry about the product price and additional tax rates. In Tax Inclusive Product Pricing customers would see a final inclusive price at checkout.
To enable Tax-inclusive product pricing, follow the below-given steps :
1 > Go to Yelo admin dashboard on the menu module >> click on configure >> user settings.
2 > Now go to merchants.
3 > Scroll and “Enable Tax Inclusive Product Pricing to Restaurants/Merchants”
4 > Now go to Merchants under General module.
5 > Select Merchant and go to merchant configuration.
6 > Enable the toggle of Tax Inclusive Product Pricing from here.
8 > Tax Inclusive Product Pricing is now configured.