How to Define the Tax Rate for Your Store
The Store Tax Rate setting in the KloudEats ADMIN dashboard allows you to set the tax rate applicable to your store as per the state your restaurant is in. This ensures that the correct tax amount is calculated for all orders.
Steps to Set the Tax Rate
Step 1: Log in to your KloudEats ADMIN dashboard.
Step 2: On the left-hand side column, click on the 'Settings' section.
Step 3: Select the 'Store Tax Rate' page under the Payment and Fees section.
Step 4: In the 'Tax Rate' section, enter the tax rate percentage for your store which is in accordance with the tax rate of the state your restaurant is in.
Step 5: You can either type the percentage directly or use the arrows in the input bar to adjust the value.
Step 6: Click the 'Submit' button to save the tax rate.
In Summary
Accurately setting your store's tax rate is essential for both compliance and customer transparency. The KloudEats ADMIN dashboard makes it easy to input your tax rate based on your restaurant’s state regulations, helping you avoid errors during checkout and maintain consistent financial reporting.
This feature not only simplifies your accounting processes but also builds customer trust by ensuring they are charged correctly every time. It’s important to keep this rate updated if your state adjusts its tax percentage, and our support team is available at support@kloudeats.com should you need guidance.
Whether you're just setting up your store or reviewing your financial settings, this quick update ensures your store is aligned with legal requirements and ready to handle transactions accurately.