Add Product - Tax Inclusive (ERP Sales) | EPOS POS System

 

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Fields/Functions

Description

1

Tax Type*

Select Tax Inclusive for the Tax Type.

2

Tax Rate*

Enter a suitable tax rate for each line item.

💡  By default, this field will display 7% for all line items.

3

Tax Amount

Display the total Tax amount for that line item.

💡This field is calculated by: 

[(Unit Price – Discount) / (100% + Tax rate %)] x Tax rate % x Order Qty

4

Amount

Display the sum total for the line item.

💡[For Tax Inclusive Quotations/Invoices] This field is calculated by: 

(Order Qty x Unit Price) – Discount

5

Tax Total

Display the total tax amount for all line items [For Tax Inclusive Quotations/Invoices]

Total

Total  :  Display the quotation/invoice grand total

💡This field is calculated by:

 (Subtotal + Shipping Fee)

 

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