Tax Inclusive Pricing (TIP) is determined when your Organization is created. Enabling the setting means all new invoices generated will default to TIP as well as other settings in Event Temple, however, this can still be customized, if necessary on the individual invoice or setting as needed. Further, when applied, taxes and service fees are incorporated into invoice/menu item-unit prices, line totals, and the invoice subtotal.
This includes instances like the event creation page, where displayed room rental fees may initially appear as net (excluding tax) due to how taxes are processed during the creation phase. Always double-check prices to confirm they adhere to your desired TIP settings.
Admin users can check TIP setting in Organization General Settings:
Click Settings
Under Organization, Click General Settings
Under the Menu Items section view the setting
Tax-Inclusive Pricing on Menu Items
Tax-Inclusive Pricing on Menu Items
When editing a menu item price you'll have the option of setting the price pre-tax or tax-inclusive. Note: The option will default to your Organization setting
Additionally, when assigning menu items to spaces, the tax-inclusive pricing structure will automatically apply upon booking a space. However, certain features, such as the "add multiple events" option, might display the price as net (excluding tax) even when tax-inclusive settings are active. Always review the line items tab for accurate tax-inclusive pricing.
Tax-Inclusive Pricing On Invoices
Tax-Inclusive Pricing On Invoices
Within Invoices, you'll have the option of setting the price pre-tax or tax-inclusive.
Note: The option will default to your Organization setting
When disabled, the invoice items will display in the traditional form;
When enabled they'll look like this;
Notice how the Tax Label is traditionally grey and contains a "+". On the TIP invoice, the "+" is dropped and of course, the color has changed to blue.
Further differences are present when totaling up the charges.
Tax Exclusive;
Tax Inclusive enabled;
For the clearest view of applied taxes and fees, it is recommended to use the line items tab or event list view. These sections accurately reflect your chosen settings and minimize potential confusion regarding final pricing.
Tax-inclusive Pricing on Documents
Tax-inclusive Pricing on Documents
The menu item document element feature gives you the option of displaying your menu items with tax-inclusive pricing or without. Note: When adding this element to a Document, the option will default to your Organization setting
When inactive it will display in its classic form. Notice it shows the Line Total + tax.
Once activated, it will display like this;
Important Considerations If your setting needs to be changed, please reach out to our friendly support team for assistance. If the setting is changed, it will not affect previously created invoices and documents.
Recommendations for Accurate Tax Management
Use the line items tab to review and manage all charges, including room rentals and menu items, for the clearest view of applied taxes.
Be aware of net versus tax-inclusive pricing discrepancies in certain workflows, such as the event creation page or "add multiple events" feature.
Verify that menu items assigned to spaces are configured correctly with the desired tax settings to ensure automated calculations match your expectations.
Tax Behaviour for Room Rentals
Event Creation Page
When you add a room rental fee directly from the event creation page, the displayed price may appear as a net value (excluding tax), even if your account settings are configured for tax-inclusive pricing. This behavior occurs due to how Event Temple processes taxes during the creation phase. Ensure you double-check the pricing on this page when using tax-inclusive settings.
Line Items Tab and Event List View
To ensure all taxes and fees are accurately itemized, it is recommended to manage room rentals through the line items tab or event list view. These sections correctly reflect your chosen tax settings (inclusive or exclusive) and provide a clearer breakdown of all applied charges. By reviewing and editing room rental fees here, you can avoid discrepancies or confusion regarding the final pricing.