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.
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
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;
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
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.