Tax Group
The Tax Group option, as seen in the above image, is located under the Configuration menu and will record all tax groups indicated when generating a new tax. The details of the Tax Groups are displayed in this box, including Name, Country, Tax Payable Account, Tax Receivable Account, and Tax Advance Account.
The Taxes tab in the Settings menu of the Invoicing module is where you may configure default taxes. When no other taxes are specified in the operation setting, the default taxes will be used automatically for accounting processes. New items will also automatically apply it.
