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VAT setup, calculation and rounding rules: Difference between revisions
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VAT setup, calculation and rounding rules (view source)
Revision as of 05:47, 13 September 2018
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Some countries may apply two or three taxes on each invoice line. This can be setup in the Dictionary for Sales taxes. | Some countries may apply two or three taxes on each invoice line. This can be setup in the Dictionary for Sales taxes. | ||
Possible local tax types are: | Possible local tax types are:<br> | ||
1: local tax is applied to products and services without< vat (localtax is calculated on the amount without tax)<br> | 1: local tax is applied to products and services without< vat (localtax is calculated on the amount without tax)<br> | ||
2: local tax is applied to products and services including vat (localtax is calculated on amount + main tax rate)<br> | 2: local tax is applied to products and services including vat (localtax is calculated on amount + main tax rate)<br> | ||