Setup Taxation

To set up your account to calculate your taxes correctly, please follow these steps:

1. Set up your Tax Periods (typically payroll periods). This is how we will summarize the information on your reports. You can set these up on the SETTINGS menu under Taxable Periods.

2. Ensure appropriate people are marked as Taxable Employees. This is done on each person's profile screen.

3. Ensure the appropriate inventory items are marked as Taxable on the General Equipment inventory screen.

4. We also have the option of setting up an annual De Minimus value for your organization. This is the amount below which a person will not get taxed. Please contact us at help@helmettracker.com with the amount you would like established.

Once these are set correctly, you can run tax reports under the REPORTS menu.  

• Taxable Employees Report shows employees by department.
• Taxable Details Report shows each taxable item that was checked out to a taxable person. 
• Taxable Summary Report shows the total taxable amount for each taxable person during one or more tax periods.