Tax Inclusive / Exclusive - Documents

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You may select to change the amounts to be displayed as exclusive or exclusive of Output VAT/GST/Sales Tax on all sales documents for debtors (customers / clients) (i.e. Invoices, Credit notes and Quotes) and exclusive or exclusive of Input VAT/GST/Sales Tax on all purchase documents for creditors (suppliers) (i.e. Purchase, Supplier returns and Orders).

The selling price amounts for debtor (customer / client) documents are automatically inserted in the documents when a stock item is selected.

Please take note of whether these selling prices are entered or adjusted Inclusive or Exclusive of VAT/GST/Sales Tax on Action → Stock items, or if you adjust the selling prices in the Action → Input → Adjust stock  (Selling prices tab).

The purchase (cost) price amounts for creditor (supplier) documents are automatically inserted in the documents when a stock item is selected.

By default, the amounts are inserted or entered (if manually over-typed) Exclusive of VAT/GST/Sales Tax on the amount column of the document lines. To enter and view amounts Inclusive of VAT/GST/Sales Tax, you may select (tick) the "Default inclusive for documents" field option on Action → Stock information.

To set the Exclusive of VAT/GST/Sales Tax mode:

1.Click on the F7:Exclusive icon.

2.The amount will change to the selected mode, and will be displayed in the transaction section, as well as at the bottom of the Document entry screen.


To set the Inclusive of VAT/GST/Sales Tax mode:

1.Click on the F7:Inclusive icon.

2.The amount will change to the selected mode, and will be displayed in the transaction section, as well as at the bottom of the Document entry screen.

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