Price Includes VAT Field

The Item Table

Here you can specify whether the unit price for the item includes VAT.

The program uses the field when it copies the unit price from the item card to a sales line. If the check box is empty, indicating that VAT is not included in the unit price (this is the usual case, except for retail sales), the unit price will be copied directly from the item card to the Unit Price field on the sales line. If there is a check mark in the check box, the program will subtract VAT from the price on the item card before entering it on the sales line.

Place a check mark in the check box if VAT is included in the unit price of the item. If you do this, you must fill in the VAT Bus. Posting Gr. (Price).