Automatic adding of TAX (VAT) when creating quotes

[NilsK]

We use a specific tax % on every quote so it should be possible to set a standard and e.g. add a 19% tax on every quote created automatically.

Benefits:

1. Saves times
2. Avoid mistakes

[NilsK]

Hey folks - Ethan here, product manager for the Product Library. Apologies for the missed quarter of updates. I want to let you know that this feature is not on our roadmap for this quarter (Q3, 2022). HOWEVER, we are actively doing research into how to enable a basic tax library that would be the foundation for something like this. I can't give you an exact deadline, but please know it's top of mind for us.

As a sidenote, I'll be updating the top Ideas associated with Products and Line Items ~once per quarter going forward. I will include (1) whether or not a feature is on the roadmap for that quarter or not and (2) what our rollout plan for that feature is (e.g. will there be a beta or not). If you have feedback about additional information I could include in these updates, drop a note here. If I see a theme, I'll adjust my updates to address that.

I won't be doing this for every idea, but most ideas above 100 kudos will get this treatment. Previously, I had been trying to do it for ideas greater than 25 upvotes, but unfortunately the volume is too high to be practical.

[JTijerina9]

Still trying to get some traction on this. I've heard something might be up by end of 2024, but would appreciate an official response from the HS team

[JulBell]

Still waiting for this feature 😉

[CBriffaut]

VAT applied on all items of the quote, not just the "due now" ones, also needed here

[Angela_W]

Hi everyone who's following this idea,

there is a beta for a library of tax rates for products now.

Although the taxes have to be added to each product, it's a good interim solution.

(We have only a few products, so that was quickly done. For more products perhaps an import would help, I didn't try)

https://www.linkedin.com/posts/hubspot-tips-and-tricks_hubspottipsandtricks-hubspot-crm-activity-721...

[CBriffaut]

Thank you
What is missing for me is to be able to apply VAT to the whole quote - for now VAT is only applied to the items billed in the first invoice

so if you have a mix of one off products and a recurring fee, VAT is applied to the one off elements and the first month of the recurring ones - this makes for a total that has no sense and is very confusing when we are dealing with raising POs for instance
Is it possible to change options around this? 

thanks 

[Shawn_AMBOSS]

@Angela_W certainly a step in the right direction, but sadly for us in with intense US operations still not a very useful release from HS, as there are 1000s of tax rates depending on the PLZ of the client 😞

[GlennAngus]

I am not seeing the new tab under product library.

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[Jim_from_Charik]

Some of you may have missed it, but HubSpot launched a Tax rate system. To get it you have to go in settings > products > tax Rates.

There you can define a tax rate that will be available for each line item.

It is not automatic yet so you have to choose for each line item the tax rate and it doesn't keep it in memory for the next one (which would have solved everything ... we are so close to it !)

[GVoghel]

Thanks to reply
Unfortunately, In Quebec we have two taxes and the total of those is 14.975% HS handle 2 digits after dot… they knows, they’re charging us taxes on their billing. We’ll wait

[Oxymoron8950]

Is there any plan to allow users to define tax rates through the product library so taxes dont have to be selected for each line item?

[EOchoa6]

We urgently need that option, the creation of a quotation is generated too slowly