The invoicing line wont add VAT to the Net total column, please can someone help?
Hello @susie
Can you be more specific as I’m not sure what you mean.
Sales: You enter a unit cost, quantity and a vat rate and the vat calculates in a separate column.
Purchases: You enter a net amount and a vat rate and the vat calculates in a separate column.
When I select 20% VAT the net total column doesn’t change to include the VAT
Have you selected the option to ‘Enter line totals inclusive of VAT’ just above the first line?
Hi @susie
Just to clarify, the “net price” will always be the net (that is, without VAT).
But as @sean1 mentioned, there is an option on invoices to enter values as gross (with VAT):
Correct, it’s the net total (unit cost multiplied by quantity). In a way it would make a lot more sense if the columns were in a different order - unit cost, quantity, net total, then VAT rate and VAT amount. However this is only on the editing screen - the final invoice as seen by the customer does include VAT in the line totals.
This topic was automatically closed after 7 days. New replies are no longer allowed.