We are happy to announce that we added a tax field to the Prep fee function. This was requested by many users that have to collect a different tax rates on their Prep fee than on their rental amount.
The tax rate for the Prep fee would default to the rental tax rate that was set under the account settings or vehicle specific settings. There was no option to set a separate tax rate for the Prep fee and the rental amount. If a user had to collect a separate tax rate for their Prep fee it had to be calculated in to the Prep Fee amount itself.
This caused issues for some users to accurately reflect and calculate their tax for the Prep fee.
We made updates to this feature and you will be able to change the rental amount tax and prep fee tax rates independently from one another.
- Go to your vehicle tab
- On the vehicle page select the Price tab
- Scroll down to the prep fee tax field
The Prep fee will automatically have the same tax rate attached than the default tax rate that you have set up for your rental amount.
If this was “use account settings,” then what you see for the prep fee will the actual tax rates that “use account settings” represented
You can change the rental amount tax and prep fee tax rates independently from one another
There is no “use account settings” option for the prep fee - it’s either “no tax” or the taxes that you enter manually