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Currency and Tax Settings

Set your marketplace currency and configure tax collection so prices display correctly and comply with your local requirements.

Payment Settings

Setting Your Currency

Section titled “Setting Your Currency”

Your currency applies everywhere – service prices, order totals, vendor earnings, and withdrawal amounts.

  1. Go to Sell Services > Settings > General
  2. Select your Currency from the dropdown
  3. Click Save Changes

Supported Currencies

Section titled “Supported Currencies”
Currency Code Symbol
US Dollar USD $
Euro EUR E
British Pound GBP L
Canadian Dollar CAD C$
Australian Dollar AUD A$
Indian Rupee INR R
Japanese Yen JPY Y
Chinese Yuan CNY Y
Brazilian Real BRL R$
Mexican Peso MXN $

Good to know: Changing currency after you already have orders does not convert existing amounts. Only new orders will use the new currency.

Enabling Tax

Section titled “Enabling Tax”

If you need to collect tax on services, the plugin has a built-in tax system that works with any checkout mode.

How to Turn On Tax

Section titled “How to Turn On Tax”
  1. Go to Sell Services > Settings > Commission & Tax
  2. Scroll to the Tax Settings section
  3. Check Enable Tax
  4. Fill in the settings below
  5. Click Save Tax Settings

Tax Settings Explained

Section titled “Tax Settings Explained”
Setting What It Does
Tax Label The name buyers see (e.g., “VAT”, “GST”, “Sales Tax”)
Tax Rate (%) The percentage applied to service prices (e.g., 20 for 20%)
Prices Include Tax Whether your displayed prices already include tax or not
Tax on Commission How tax interacts with your platform commission

Prices Include Tax vs. Exclude Tax

Section titled “Prices Include Tax vs. Exclude Tax”

Prices exclude tax (common in the US): A $100 service with 7% tax charges $107 at checkout. The buyer sees the tax added separately.

Prices include tax (common in the EU): A E120 service with 20% VAT shows E120 at checkout. The tax (E20) is already baked into the displayed price, so the buyer pays what they see.

Tax on Commission

Section titled “Tax on Commission”

This setting controls how tax interacts with your platform fee:

  • None: No special tax treatment on commission
  • Platform: Platform collects tax on the full service amount
  • Vendor: Vendors are responsible for their own tax obligations

How Tax Looks at Checkout

Section titled “How Tax Looks at Checkout”

Example with tax excluded (US-style):

  • Service price: $100.00
  • Sales Tax (7%): $7.00
  • Total charged: $107.00

Example with tax included (EU-style VAT):

  • Service price: E120.00 (includes 20% VAT)
  • VAT amount: E20.00
  • Total charged: E120.00 (no change at checkout)

Tax and Commission Together

Section titled “Tax and Commission Together”

Tax is calculated on the service price. Commission is also calculated on the service price (before tax). They work independently:

  • Service price: $100.00
  • Tax (7%): $7.00
  • Commission (15% of $100): $15.00
  • Vendor receives: $85.00
  • Platform receives: $15.00 commission
  • Tax collected: $7.00 (handled per your tax settings)

Tips for Getting It Right

Section titled “Tips for Getting It Right”
  • Set currency before creating services. It is easier than converting later.
  • Check local tax requirements. Many regions require you to collect and remit tax on digital services.
  • Test checkout after changing tax settings to make sure prices display correctly.
  • Keep it simple. If you only serve one region, a single flat tax rate works fine.
Section titled “Related Docs”