Create tax mapping setup

Audience: Admin
Type: Reference

Reference

For system behavior and rules, see
SmartBooks Documentation – Section 3: SmartBooks Settings

Purpose

Tax mapping setup defines how taxes are linked to accounting accounts in SmartBooks.

This ensures tax amounts from transactions are recorded correctly and appear properly in reports.

How to Access

1. Go to SmartBooks

2. Click Settings

3. Open Mapping Setup

4. Select Tax Mapping

URL format:
https://app.thulo.com/{tenantname}/ps/admin/accounting/setting/mapping-setup

What Tax Mapping Does

Tax mapping connects:

• Tax names and rates

• Tax-related accounting accounts

When tax is applied to a transaction, SmartBooks uses this mapping to decide where tax amounts are recorded.

Creating a Tax Mapping

To create or update tax mapping:

1. Open Tax Mapping

2. Select the Tax

3. Select the Account to record tax amounts

4. Save the mapping

Once saved, the mapping is applied automatically to future transactions.

Updating Tax Mapping

You can update tax mapping when:

• A new tax is added

• Tax accounting structure changes

Changes affect future records only.

Important Notes

• Tax mapping applies across the entire SmartBooks module

• Incorrect mapping can affect tax-related reports

• Existing transactions are not recalculated automatically

• SmartBooks records tax amounts but does not file taxes

When to Configure Tax Mapping

• During initial SmartBooks setup

• Before recording transactions with tax

• When adding or modifying tax rates

Related Articles

• Tax of Expense Mapping

• Chart of Accounts

• General Accounting Settings

• Mapping Setup

End of Article