Tag: magento 2

How To Import And Export Tax Rates In Magento 2

If your business is conducted in several places and ship a large quantity of product, downloading tax rates by ZIP code is more effective than enter the rates manually. Store administrators can import the rate into Magento. In this article, we will describe a tutorial on how to import a set of tax rates.

Step 1: Export the Magento Tax Rate Data

On the admin sidebar click System. Under Data Transfer click Import/Export Tax Rates. Click Export Tax Rates. The download file stays in the lower-left corner of the browser.

Save the file and open it in a spreadsheet. The exported Magento tax rate data includes these columns:

  • Code
  • Country
  • State
  • Zip/Post Code
  • Rate
  • Range From
  • Range To
  • A column for each store view
Import And Export Tax Rates In Magento 2
Export Tax Rate Data

Open the new tax rate data in a second instance of the spreadsheet, so you can see both, side by side. In the new tax rate data, observe any additional tax rate data that you might need to set up in your store before the data is imported. For example, the tax rate data import file includes:

TaxRegionName

CombinedRate

StateRate

CountyRate

CityRate

SpecialRate

If you need to import additional tax zones and rates, you must first determine them from the admin panel and update the tax rules. After that, export the data and open the file so it can be used for reference.

Step 2: Prepare the Import Data

Now you have 2 spreadsheets side by side. One with the Magento export file structure, and the other with the new tax rate data that you want to import.

  1. To create a workplace in the spreadsheet with the new data, insert several blank columns at the far left. Then, use cut/paste function to rearrange the columns so they match the order of the Magento export data.
  2. Rename the column headers to match the Magento export data.
  3. Delete any null columns. Otherwise, the import file’s structure should similar to the original Magento export data.
  4. Remember that the tax rate columns contain only numeric data. Any text found in a tax rate column will prevent the data from being imported.
  5. Save the prepared data in a .CSV format. After saved, verify that a comma is used a Field delimiter, and double quotes as the Text delimiter. Then, click OK.

Step 3: Import the Tax Rates

On the admin sidebar click System. Under Data Transfer click Import/Export Tax Rates. Click Browse and select the .CSV file that you prepared to import. Click Import Tax Rates. When the process is complete, the notification “The tax rate has been imported” displays. If you receive an error message, resolve the problem in the data and try again.

On the admin sidebar click Stores. Under Taxes click Tax Zones and Rates. The imported rates display in the list. Use the page controls to view the new tax rates.

Import and export tax rates in magento 2
Imported Tax Rates

To ensure that the new tax rates work correctly, make some test transactions in your store with customers from different ZIP codes.

How To Use The Tax Zones And Rates Tool In Magento 2

Tax Zones and Rates tools in Magento 2 backend allows store administrators to indicate the tax rate for each geographical area from which they collect and transfer taxes. Because every tax zone and rate has a unique identifier, store administrators can have multiple tax rates for several specific places (such as places that do not tax food or emergency medicine, but do tax other items). In this article, we will describe a tutorial on how to use the Tax Zones and Rates tool in Magento 2 admin panel.

Tax zones and rates tool in magento 2
Tax Zones and Rates

To define a new tax rate, you can follow these steps:

On the admin sidebar click Stores. Under Taxes click Tax Zones and Rates. In the upper-right corner, click Add New Tax Rate and input the Tax Identifier.

Input the code in the Zip/Post Code field to apply the tax rate to a single ZIP or postal code.

The asterisk wildcard (*) can be used to match up to ten characters in the code. For example, 90* represents all ZIP codes from 90000 through 90999.

To apply the tax rate to a range of ZIP or postal codes, follow these steps:

  • Tick the checkbox next to the Zip/Post is Range. Then in the Range From and Range To fields, input the first and last ZIP or postal code to determine the range.
Tax zones and rates tool in magento 2
ZIP/Post is Range
  • Choose the State and Country where the tax applies.
  • Input the Rate Percent that is used for the tax rate calculation.

Click Save Rate after completed.

Tax zones and rates tool in magento 2
New Tax Rate

To edit an existing tax rate, follow these steps:

On the admin sidebar click Stores. Under Taxes click Tax Zones and Rates.

Find the tax rate in the Tax Zones and Rates grid, and open the record in edit mode. If there are many rates on the list, find the rate you need using the filter controls.

Make any changes to the Tax Rate Information and update the Tax Titles as needed.

Click Save Rate after completed.

Above is an article on how to use tax zones and rates tool in Magento 2 backend. We hope that you can define or edit tax rate using information from this article. In the next article, we will describe Import/Export Tax Rates in Magento 2. Like, share and subscribe Magestandard for more Magento 2 tutorial article

A Complete Guideline Of Display Settings In Magento 2

  1. Price Display Settings in Magento 2 admin panel

The price display settings allow store administrators to include or exclude tax in product and shipping prices, or show two versions of the price; one with, and the other without tax.

If store administrators add tax in the product price, the tax displays only if there is a tax rule that matches the tax origin, or if a customer address matches the tax rule. Events that can activate a match include when a customer creates an account, logs in, or generates a tax and shipping estimate from the shopping cart.

Showing prices that include and exclude tax makes customers confused. To avoid warning messages, see the guidelines for your country, and recommended settings.

Price Display Settings in Magento 2
Price Display Settings

To configure Price Display Settings in Magento 2 admin backend, follow these steps:

On the admin sidebar click Stores, under Settings click Configuration. On the left of the panel under Sales, click Taxes. Open the Price Display Settings tab.

  • Set Display Product Prices in Catalog to one of these options:

Excluding Tax

Including Tax

Including and Excluding Tax

  • Set Display Shipping Prices to one of these options:

Excluding Tax

Including Tax

Including and Excluding Tax

  1. Shopping Cart Display Settings in Magento 2 admin panel

Shopping Cart Display Settings in Magento 2
Shopping Cart Display Settings

Open the Shopping Cart Display Settings tab and follow these steps:

  • Set Display Prices to one of these options:

Excluding Tax

Including Tax

Including and Excluding Tax

  • Set Display Subtotal to one of these options:

Excluding Tax

Including Tax

Including and Excluding Tax

  • Set Display Shipping Amount to one of these options:

Excluding Tax

Including Tax

Including and Excluding Tax

  • Set the following to “Yes” or “No” according to your preference:

Include Tax in Order Total

Display Full Tax Summary

Display Zero Tax Subtotal

  1. Order, Invoice & Credit Memo Display Settings in Magento 2 admin panel

Orders, Invoices, Credit Memos Display Settings in Magento 2
Orders, Invoices, Credit Memos Display Settings

Open the Orders, Invoices, Credit Memos Display Settings tab and follow these steps:

  • Set Display Prices to one of these options:

Excluding Tax

Including Tax

Including and Excluding Tax

  • Set Display Subtotal to one of these options:

Excluding Tax

Including Tax

Including and Excluding Tax

  • Set Display Shipping Amount to one of these options:

Excluding Tax

Including Tax

Including and Excluding Tax

  • Set the following to “Yes” or “No” according to your preference:

Include Tax in Order Total

Display Full Tax Summary

Display Zero Tax Subtotal

Click Save after completed

Above is a complete guideline of display settings in Magento 2 admin backend. We hope that you can handle the display settings and tax control from admin panel. In the next article, we will describe Tax Zones and Rates. Like, share and subscribe Magestandard to read more Magento 2 guideline article. 

An Insight Into EU Place Of Supply For Digital Products on Magento 2

The digital products sold from European Union (EU) merchants must be reported every quarter to each member country. Digital products are taxed based on the customer’s billing address. According to the law, merchants have to create a tax report and validate the relevant tax amounts for digital products, as opposed to physical products.

All digital products sold by EU member countries must be reported from merchants on a quarterly basis to a central tax administration, along with payment due for tax collected during the period.

Any merchants who have not reached the threshold yet (50000/100000 € of seasonal business) must continue to report physical products sold to the EU states where they have registered VAT numbers.

Any dealers who are examined for taxes paid for digital products must provide all required information to build up the customer place of residence.

  • The customer place of residence can be established using the customer’s billing address and a record of a successful payment transaction.
  • The Magento database tables can provide the information directly.

There are seven things you have to do to collect digital products tax information:

  1. Load the tax rates for all EU countries.
  2. Generate a digital products product tax class.
  3. Assign digital products to the digital products product tax class.
  4. Generate physical products tax rules, using physical product tax classes, and associate them with the appropriate tax rates.
  5. Run the tax report for the appropriate period, and collect the required digital products information.
  6. Export the tax sums that are related to the tax rates for the digital goods product tax class.

Above is an insight into EU place of Supply for Digital products on Magento 2. We hope that you can collect digital products tax information from your web store. If you have any question, feel free to leave a comment or contact us directly. In the next article of Magestandard, we will provide information on fixed product tax in Magento 2. Keep tracking our blog site to read more useful Magento 2 insight article.

A Guideline On Fixed Product Tax In Magento 2

In some tax jurisdictions, a fixed tax that must be added to certain types of products. Store administrators can set up a fix product tax (FPT) for tax calculations of their store. For example, in some countries, Waste Electrical and Electronic Equipment Directive (WEEE) tax or “ecological tax” or “eco-tax,” which is collected from types of electronics to counterbalance the cost of reusing can be set up using FPT. This tax is a fixed sum, rather than a percentage of the product price.

FPT apply at the item level, based on the product. In some jurisdictions, this tax is subject to an additional % tax calculation. Your tax jurisdiction might also have rules that decide how the product price displays to customers, either with or without tax. You have to understand the rules and set your FPT display options accordingly.

Exercise caution is recommended in quoting FPT prices in the email because the difference in price can affect customer confidence in their orders. For example, if you display Order Review prices without showing FPT, customers who buy items with associated FPT will see a total that includes the FPT tax amount, but without an itemized breakdown. The difference in price might cause customers to leave their carts because the total differs from the amount expected.

FPT Display Prices

FPT DISPLAY SETTING AND CALCULATION
Not Taxed
Excluding FPT FPT displays as an isolated row in the cart, and the value is used in appropriate tax calculations.
Including FPT FPT is included in the base price of an item but is not included in tax-rule-based calculations.
Excluding FPT, FPT Description, Final Price Prices displays without FPT amount or description. FPT is not included in tax-rule-based calculations.
Taxed
Excluding FPT FPT displays as an isolated row in the cart, and the value is used in proper tax calculations.
Including FPT FPT is added in the price of an item, and change to tax calculations is not required.
Excluding FPT, FPT Description, Final Price Prices display without the FPT amount or description. However, FPT is included in tax-rule-based calculations.

In the next article, we will describe tutorial on configuring FPT in Magento 2. Keep tracking Magestandard to read the following Magento 2 article.