Taxation in Biznsbook: An Overview
Taxation is a compliance control center on top of Accounting: configure multi-component tax once, and Sales, Purchase, Inventory, POS, Payments, and Real Estate calculate it automatically — including multi-currency — while you monitor, file, and remit from one place.
Taxation is where you configure the tax engine and review compliance — not where you enter every sale. Tax itself is calculated automatically on operational documents once a tax group is assigned.
What you can do
- Define tax authorities, components (rates and types), and groups used across every transaction
- Map tax to general ledger accounts
- Monitor your tax position on a live dashboard, including multi-currency impact
- Prepare filing periods and record remittances
- Manage withholding tax (WHT) owed to authorities
- Run compliance checks, an audit trail, and adjustment approvals
- Pull a full suite of tax reports from the Reporting hub
Before you start
| You'll need | Why |
|---|---|
| Accounting module | Tax posts to GL accounts — Taxation can't stand alone |
| Taxation module | Shows the Taxation menu |
| View finance reports | Dashboard, search, filing list, compliance, audit log, tax reports |
| Manage tax configuration | Authorities, components, groups, tax configuration |
| Approve tax adjustments | Approving tax-related journal adjustments |
| Create payments | Creating WHT remittances and recording filing payments |
:::info Not covered here Employee payroll income tax and country statutory packs are configured under Payroll/HRMS, not this module. Expense-claim tax rates are a separate, parallel model that doesn't feed tax filing. :::
Finding your way around
| Section | Screens |
|---|---|
| Overview | Tax dashboard, Tax search |
| Setup | Tax authorities, Tax components, Tax groups, Tax configuration (legacy) |
| Filing | Tax filing periods, WHT remittances |
| Compliance | Compliance checklist, Tax audit log, Tax adjustment approvals |
Fixed assets live under Finance & Accounting, not Taxation — see Track fixed assets. The tax depreciation report is in the Reporting hub.
Recommended setup order
- Confirm your chart of accounts has input tax, output tax, suspense, WHT, and (if multi-currency) FX tax accounts.
- Set up authorities, components, and groups.
- Assign tax groups on products, parties, and document lines.
- Open a filing period matching your authority's calendar.
- Review the tax dashboard before your first return.