VAT setup, calculation and rounding rules: Difference between revisions

VAT setup, calculation and rounding rules (view source)

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+==For Mexico==
+Depending on your situation, you may need to add a second tax, Local Tax, called IEPS.
+'''Configuration'''
+Configuration example: The tax named "IEPS16-8" has a standard VAT rate of 16%. The [[#2nd_or_3rd_taxes|Tax 2]] (IEPS) is set with a rate of 8% and must be type 2 (type 2 = tax on the amount including VAT).
 ==For Spain==