Vat element for 15% on Report

[hullstorage]

Hi all,
How do i create a VAT element of 15% on my report from the subtotal


thanks

 

[GaryPanic]

expand on the question ..
also never hard code in tax

tax should be in a table as soon it is going back to 17.5% if not higher to 20-22.5%

but to do your report add a text box make subtotal*15/100 format the box to currency to resolve rounding issues this will give you your 15%

 

[Simon_MT]

The best way to handle Vat is on each item, as there are sound non-Vatable items or Zero-Rated that need to be handled.

Take an Invoice, it will specify the Vate Code to obtain the Vat Rate to be used as the Default Rate on the Invoice Details. You should always store the Vat Amount on the Invoice Details as it is changeable.

Simon