FrontAccounting forum — Vat Inclusive Price

Re: Vat Inclusive Price

null@example.com (apmuthu) — Fri, 20 May 2016 14:19:45 +0000

This called Tax inclusive price of product.
Have a look at Sales Types in the Wiki.

Re: Vat Inclusive Price

null@example.com (kensoftwares) — Wed, 18 May 2016 13:14:41 +0000

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.

Re: Vat Inclusive Price

null@example.com (kvvaradha) — Tue, 17 May 2016 10:33:25 +0000

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.

Vat Inclusive Price

null@example.com (kensoftwares) — Mon, 09 May 2016 11:25:11 +0000

How do i setup Vat inclusive prices for items?