The "Membership Value Credit Setting" is a feature that empowers you to specify how your client's membership value credit is utilized in the context of calculating taxes for product purchases and appointments. Typically, there are two options for this setting. This article will guide you through the steps to configure this setting.
Things to know:
- There are two options for this setting:
- Apply Membership Value Credit Before Tax: With this setting, the client's membership value credit is deducted from the total cost of the products or appointments before any taxes are calculated. In other words, the membership credit is applied to the pre-tax amount. This can be beneficial for clients as it reduces the overall cost, including taxes, which might encourage them to use their membership value credit.
- Apply Membership Value Credit After Tax: In this scenario, the client's membership value credit is deducted from the total cost, including taxes. This means that taxes are calculated on the full price of the products or appointments before the membership credit is applied. Clients will pay taxes on the original price and then use their credit to reduce the overall cost.
- Value credits will only be applied to items that are eligible based on the membership configuration
- By default, the available value credits will be applied to the item's full value, but if desired, you have the flexibility to modify it to use only a fraction of the credits.
- For information on the uses of membership value credits, please see here
Enabling Membership Value Credit Before & After Tax Setting
To configure this setting:
- Navigate to Business Setup > Settings
- Below the POS section, locate the "Apply Membership Value Credit" setting and select your preference
-
- Before Tax - Value credit is applied before taxes are calculated on the New Ticket page
- After Tax - Value credit is applied after taxes are calculated on the Take Payments page
-
- If you choose "Before Tax," a second section will appear below so you can choose the preferred locations where the setting should be applied
- Save
For more information contact us at support@mytime.com.
Related Articles: