VAT setup, calculation and rounding rules: Difference between revisions

VAT setup, calculation and rounding rules (view source)

860 bytes added , 12 years ago

30,997

edits

@@ Line 80: / Line 80: @@
 |-
 ||1||nowrap="nowrap"|Product alpha||10||10||5%||9.975%||100||5||9.98||114.98
+|}
+= For Italy =
+You may need to add a negative withholding tax calculated on net amount.
+'''Setup
+Value of rates are found into the dictionary table from the standard vat rate (Table llx_c_tva). Total with tax and total amount of vat is modified according to calculation.
+When vat rate is 22, add a tax 2 (witholding) of type 1 (tax 2 is added for product and services and calculated on net price), rate is -20% (negative means amount will be substracted)
+'''Example'''
+{|class="wikitable centre" width="80%"
+|- valign="top"
+||&nbsp;||A<br>Description||B<br>Quantity||C<br>Unit price||D<br>Vat rate||D<br>Vat rate withholding tax||E<br>Total without tax<br>=(B*C*D)||F<br>Tax VAT<br>=(B*D*E)||nowrap="nowrap"|G<br>Tax 2 (B*C*D)||nowrap="nowrap"|H<br>Price inc VAT + Tax 2=(E+F+G)
+|-
+||1||nowrap="nowrap"|Product alpha||10||10||22%||-20%||100||22||-20||102
 |}