Topic: Vat Inclusive Price
How do i setup Vat inclusive prices for items?
Re: Vat Inclusive Price
just create an tax type for VAT and provide the percent of tax rate.
than come to Item Tax Types. there just create a new one by selecting the previously created VAT tax.
Now,you can able to apply the VAT Tax on the items page. Than it will applied to it.
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Re: Vat Inclusive Price
I dont think you have understood , with due respect. I need to input a price eg 1000 on a product. When the sales takese place,
862 shown as sales price and 138 shown as vat. Assuming the vat is 16%.
Can this be handled in FA.
- apmuthu
- Moderator
- Offline
Re: Vat Inclusive Price
This called Tax inclusive price of product.
Have a look at Sales Types in the Wiki.