VAT setup, calculation and rounding rules: Difference between revisions

VAT setup, calculation and rounding rules (view source)

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 '''Note'''
-R.E. (Localtax1) is applied to product sales and not to service sales. But a service may be invoiced in the same invoice with a product sale if this is related to the product sales and it increasing its cost (ex: shipping costs).
+R.E. (Localtax1) is applied to sales of product and not to supply of services. But a service may be invoiced in the same invoice with a product sale if this is related to the product sale and it increases its cost (ex: shipping costs).
-Currently to treat this case you must enter these services (ex: shipping costs) with a free line, and indicating the type as product, not as service.
+Currently to treat this case you must enter these services (ex: shipping costs) as a free line, and indicating the type as product, not as service.