Question

• How can I edit tax rates for Expenses?
• How can I add or remove tax rate options?
• How can I adjust mileage rates in Restoration CRM?

Answer

In the Admin section, you can manage expenses by creating events or categories to select from when adding an Expense in CRM (formerly Luxor). The definitions and functionality of the Expense Management fields are outlined below:

Tax Types:

• Tax Type 1: Enter text to name the field (this will display when creating an Expense on contact or organization in Luxor). Example: "Sales Tax"
• Tax Type 2: Enter text to name the field (this will display when creating an Expense on contact or organization in Luxor). Example: "Misc Tax"

Tax Rates:

• Tax Rate 1: Enter the standard rate of the tax named in Tax Type 1.
• Tax Rate 2: Enter the standard rate of the tax named in Tax Type 2.

Tax Rate Applicable:

• Is Tax Type 1 Applicable?: Checking "Yes" will enable Tax Type 1 by default when creating an expense. When "No" is selected, it remains unchecked by default.
• Is Tax Type 2 Applicable?: Checking "Yes" will enable Tax Type 2 by default when creating an expense. When "No" is selected, it remains unchecked by default.

Mileage Rate

• Mileage Rate: Enter the average cost per mile for driving in your area (can be calculated from average gas prices, etc).

Questions? Contact Us

This article is meant to serve as a reference only and is not a substitute for training. If you are interested, feel free to check out our weekly Q&A sessions hosted by our CRM experts.