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]

Hi everyone,

I’m one of the tech leads on HubSpot’s Products and Line Items team, and I wanted to share that this feature is now in development. Our team is working hard to add support for automatically setting default tax rates on line items in the line item editor.

We’ll share another update here once it’s ready to roll out. Thanks for your feedback — it’s been a big help in prioritizing this improvement!

Justin Liu
Tech Lead, Products & Line Items Team | HubSpot

[NilsK]

Hi everyone!

This idea's status has changed from ‘Being Reviewed’ to ‘Idea Submitted’. This change is due to our improvement project to update our Ideas Forum statuses in order to provide better transparency into how we are listening to your feedback.

“Idea Submitted” means that our product teams are aware of this feedback and are monitoring the need for this feature alongside other inputs that determine their priorities & roadmap.

For more details about the statuses we use on the Ideas Forum & what they mean, you can read this community post here.

[NilsK]

Hello! My name is Hallie, and I'm an Associate Program Manager on our CXM team here at HubSpot. I'm happy to share that this is being reviewed by our product teams. This may not be addressed this year, but this is on the roadmap down the road as other current projects are completed. Please continue leaving feedback/use cases for this here in the meantime! Thanks for your continued patience while our teams review this feature. 🙂

[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.

[GlennAngus]

There is a beta program that allows you to add tax to the line Item, I have been using it for a while now and it solves most of the issues for me.

[KAunkst]

We need the tax applied to be applicable to the location as well as know if a company is tax exempt. This is something that does exist in other systems. I won't say that Quickbooks is a perfect program, but it does allow for this. Having the correct taxes applied is important to our business compliance and reporting.

[PGUERIN]

Yes it's the minimum to avoid human oversights

[NHodges1]

I see that there is an option on the hubspot-Quickbooks integration called ""Enable Automated Taxes". But there is no documentation about this feature and in testing I haven't been able to understand how it works. Does anyone know?

[APetrakos]

@NHodges1- the feature is in beta, for US & Canada only. I outlined my experience with testing it yesterday https://www.linkedin.com/feed/update/urn:li:activity:7330976670092333057/ - it's a step in the right direction, but there are some things that make it difficult for me to implement it as it is right now.

[hhiggins]

Hi everyone!

This idea's status has changed from ‘Being Reviewed’ to ‘Idea Submitted’. This change is due to our improvement project to update our Ideas Forum statuses in order to provide better transparency into how we are listening to your feedback.

“Idea Submitted” means that our product teams are aware of this feedback and are monitoring the need for this feature alongside other inputs that determine their priorities & roadmap.

For more details about the statuses we use on the Ideas Forum & what they mean, you can read this community post here.

[DdeKoning6]

Come on! Default tax for a CRM like Hubspot........ Why such a hassle for your customers?

Seems to obvious Hubspot just wants everyone to start using CPQ AI  and pay more additionally...  

[CBN]

Having a base rate for each country would help a lot in our case. 

Alternatively a more complex structure would also help in many cases.

Right now the problem for us is that we cannot charge Danish customers the 25% VAT for our SaaS services. And this is the only tax we have to charge (except US taxwhen we sell enough to a single state - each is a country and handles software sales non-uniform). 

[justinliu]

Hi everyone,

I’m one of the tech leads on HubSpot’s Products and Line Items team, and I wanted to share that this feature is now in development. Our team is working hard to add support for automatically setting default tax rates on line items in the line item editor.

We’ll share another update here once it’s ready to roll out. Thanks for your feedback — it’s been a big help in prioritizing this improvement!

Justin Liu
Tech Lead, Products & Line Items Team | HubSpot