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Enter Prices Inclusive of VAT |
Article Number: 138 | Rating: Unrated | Last Updated: Mon, Jun 12, 2023 at 7:54 PM
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Datafile Software Enter Prices Inclusive of VAT Within entry options such as direct transaction entry within the Sales/Purchase Ledgers and Cashbook receipt/payment postings the system allows entry of the total value including tax into ‘goods/net’ values and if followed by a tax code back calculates the net and tax amounts – i.e. if enter 115.00S then splits out as 100.00 with tax code of ‘S’ and a tax amount of 15.00. This facility has now been extended to the price input within invoice entry. Installation This new option is set within the document parameters for the invoice document parameters. To update Diamond and Premier users should select Installation followed by Application Manager and then Document Design Manager, Compact and Professional users should select Installation followed by Document Design Manager. From the list of application documents select Invoicing Documents and then select the
document type and then the list of documents is displayed, enter the document
number required and the document mask is displayed. Allow VAT Inclusive Prices (Code After Price) – if set then system allows entry of the VAT code (assuming text VAT codes) after the price and back-calculates the price exclusive of VAT. |
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