Business details, tax rates and currencies
Set up your company details and logo, regional settings, tax rates and the currencies you trade in.
Before you start
Go to Settings → General. You need the Manage company settings permission. Tax rates need Manage tax rates.
Enter your Business Name, email, phone, website, NZBN / ABN and GST / Tax Number. Upload your logo (JPG or PNG, up to 1 MB). Click Save.
These print on your purchase orders, invoices, pick lists and packing lists.
Setting What it does Base currency The currency your stock is valued in: NZD, AUD, USD, GBP, EUR or SGD. Locked after your first transaction. Time zone Used for order dates and reports. Date Format DD/MM/YYYY, MM/DD/YYYY or YYYY-MM-DD. Max Decimal Places How many decimal places prices and values show (0 to 4). Under Tax Rates, click Add Tax Rate. Enter a Tax Name (such as GST), Tax Code (such as GST15) and Rate (%). Add a zero-rated one too if you sell exports or exempt items.
Good to know: if you use Xero, map each tax rate to a Xero tax rate as well. See Map your Xero accounts and tax rates.
Under Currencies, click Add Currency. Enter its code (such as USD), name and Exchange Rate against your base currency. You can then set a contact's currency.