How to configure tax and financial preferences

Tax and financial preferences live in organization settings alongside invoice defaults. They control VAT presets, IRPF withholding, and investment goods — see how to use tax reports for filing.

Open invoice defaults

1. Select Settings in the left navigation.
2. Open the Invoice defaults section.
3. Scroll to the tax-related groups for VAT presets and IRPF withholding.

Configure VAT presets

1. Review the Available VAT rates chips already listed for your organization.
2. Remove a rate you no longer use, or add a new percentage when your business needs another VAT option.
3. Saved presets appear as quick choices when you add lines to invoices.

Set default IRPF withholding

1. Enable I'm self-employed (autónomo) when IRPF withholding applies to your invoices.
2. Choose the default IRPF rate that matches your usual withholding, such as 7% or 15%.
3. Use a custom percentage only when your tax situation requires a different rate.
4. Select Save to apply the changes.

Investment goods rules

1. Open the Investment goods section in organization settings.
2. Set the minimum amount that qualifies a purchase as an investment good.
3. Define amortization rules with minimum amounts and years when you track depreciable assets.
4. Save the section after updating thresholds or rules.