How do I create a VAT code that will calculate the inclusive percentage of the charge. i.e R4577.10 is the total, R562.10 is the vat and therefore R4015 is the net
How do I create a VAT code that will calculate the inclusive percentage of the charge. i.e R4577.10 is the total, R562.10 is the vat and therefore R4015 is the net
How do I create a VAT code that will calculate the inclusive percentage of the charge. i.e R4577.10 is the total, R562.10 is the vat and therefore R4015 is the net
Hello Samantha2018,
When you apply VAT to a transaction, you have the option to select whether the total you have entered if inclusive or exclusive, so it will work it out on that basis. This is just above the VAT code box.
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