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Qwoty separates currency and tax configuration into two dedicated pages under your workspace settings. Both are set once at the workspace level and then used when creating quotes.
You need a role with the Workspace settings permission to add, edit, or delete currencies and taxes. See Permissions reference.

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Currencies vs taxes

Currencies define what denominations you can price in. Taxes define what levies you apply on top of those prices. Qwoty keeps them separate because they change for different reasons: you add a currency when you open a new market, while taxes change when a country updates its tax rules.

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Manage currencies

Currencies are available at the workspace level. Each quote is issued in one currency, shown in the quote sidebar (Settings tab).

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Access the currencies screen

1

Open Settings

In the left sidebar, click Settings.
2

Navigate to Currency

Under the Workspace section, click Currency. You’ll see the list of currencies enabled in your workspace.

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Add a currency

1

Open the currency form

Click New currency at the top of the Currency list.
2

Select a currency

In General Information, open the Currency list. Qwoty shows world currencies with their ISO code and symbol. Use the search field to filter by name or code.
3

Set the status

In the right panel, set the Status to Active to make the currency available. Inactive currencies remain in the list but can’t be selected.
4

Add an API Name (optional)

Fill in API Name if you need to reference this currency programmatically in integrations or webhooks. This identifier is separate from the ISO code.
5

Set as default (optional)

Set Is default to true to make this the default currency. A default currency must be active: Qwoty activates it automatically. Only one currency can be the default at a time.
6

Save

Click Save in the top-right corner. The currency appears in your list and becomes available on quote templates and quotes.

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Manage taxes

Taxes are configured per country (and per region for the United States and Canada). They apply either as a percentage, calculated automatically, or as an amount that you configure on the quote.

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Access the taxes screen

1

Open Settings

In the left sidebar, click Settings.
2

Navigate to Tax

Under the Workspace section, click Tax. You’ll see the list of taxes configured in your workspace.

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Tax types

When you add a tax, you first choose a Type from four predefined values. The type drives which fields the form asks for.
Choose Custom when you need to configure a flat-fee tax (for example, a stamp duty or a regulatory contribution that isn’t a percentage of the total).

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Calculation modes

Qwoty supports two modes of calculation:
  • Percentage: “The tax amount will be automatically calculated.” You enter a Rate (for example, 20 for 20%).
  • Amount: you configure the tax manually on the quote. You enter a Currency and an Amount (for example, 15 EUR).
Percentage is available for all tax types. Amount is only available when Type is set to Custom. VAT, GST, and Sales Tax are always percentage-based.

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Add a tax

1

Open the tax form

Click New tax at the top of the Tax list.
2

Choose the tax type

In General Information, select Type from the dropdown: VAT, GST, Sales Tax, or Custom.
If you pick Custom, a Name field appears so you can label the tax yourself (for example, Eco-participation). For VAT, GST, and Sales Tax, the name is derived from the type.
3

Select the country

Pick the Country to which this tax applies. For the United States and Canada, also pick the Region. One tax is scoped to one country: create separate entries for each jurisdiction.
You can’t change the type, country, or region of a tax after you create it.
4

Choose the calculation mode

Click either Percentage or Amount.
  • Percentage is the default and is the only mode available for VAT, GST, and Sales Tax.
  • Amount is only clickable when Type is Custom.
5

Configure the mode

Enter the percentage in the Rate field. For example, 20 for a 20% VAT.
6

Save

Click Save to create the tax. Qwoty generates its API Name automatically.

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Where taxes are used

  • Pricebooks and prices: a tax can be the default tax of a pricebook, or be set on product prices.
  • Quotes: in the quote editor, the Taxes block of the summary lets you add a Sales tax, switch it, or add an Additional tax (with a quantity and a value). See Taxes and payment terms on a quote.
You can’t delete a tax that is the default tax of a pricebook, is used on product prices, or is used by open quotes. Qwoty lists what blocks the deletion.

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Common questions

Yes. Set its Status to Inactive to prevent new quotes from using it. The default currency can’t be inactive.
These three tax types are always calculated as a percentage of the taxable base. To use a fixed-amount tax, choose Custom as the type.
It’s a technical identifier used by integrations and API calls to reference the currency or tax. For taxes, Qwoty generates it automatically from the information you enter.
You can’t delete a tax used by open quotes, set as a pricebook default, or used on product prices. Set its status to Inactive instead, or remove those uses first.

Workspace general settings

Configure language, country, and other workspace-wide defaults.

Quote settings

Customize quote numbering and association resolution.

Business units

Add tax IDs per legal entity and manage multi-entity tax configuration.

Pricing types

Learn how prices, currencies, and taxes combine on quote line items.
Last modified on October 27, 2026