Displaying VAT Breakdown
You can include or exclude VAT details in the transaction amount on printed Philippines documents.
To include VAT amount details on printed Philippines documents:
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Edit a Philippines subsidiary record.
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Click the Philippines Invoicing subtab.
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Check the Print Inclusive of VAT box to include VAT details in the transaction summary on printed Philippines documents.
Note:When checked, the Total Sales (VAT Inclusive), Less: VAT, Amount: Net of VAT, Add: VAT, and Total Amount Due are listed. When left clear, a separate Tax Amount column for line items is added in the document. Also, the Subtotal, Tax Total, and Total amounts are listed.
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Click Save.
When checked, printed Philippines documents include the VAT breakdown for applicable mixed transactions.