How do I create a bill for goods with excise tax?

Firstly, you would need to create a new excise tax. Here’s how:

• Click the Gear icon on the top right corner of the page.
• Select Taxes.
• Click the Tax Rates sub-module.
• Click the + New Tax button on the top right corner of the page.
• Enter the Tax Name as Excise Tax.
• Enter the Rate (%) as 50 or 100.
• Check the box This is an Excise tax.
• Click Save.

Now, create an excise item:

• Go to Items on the left sidebar.
• Select Items.
• Click + New on the top right corner of the page.
• Enter the Name, Sales Information and Purchase Information of the excise item.
• Select It is an excise product.
• If you want to maintain an inventory for the item, check the box Track Inventory for this item.
• Click Save.

After this, you need to create a bill for them:

• Go to Purchases on the left sidebar.
• Select Bills.
• Click the + New button on the top right corner of the page.
• Select the Vendor Name, Bill Date and the Item details.
• Under the Tax column, select the the newly created Excise Tax.
• Click Save as Open.