Vat Inclusive on quotes and invoices

Question asked by Robin Antill 6 years ago

I would like the cost in the quote and invoices to be tax inclusive. Not unit price plus relevant vat. i.e Unit price £15 inclusive of vat = £15 Not Unit price £15 exclusive of vat = £18. Is that possible?

5 Replies

Hi Robin,

Yes, that is possible. You must first select the VAT rate, then input the Gross Value (VAT inclusive amount).

Tommy

Hi Tommy, I tried that but it appears that I have to input the vat exclusive amount and then enter the vat amount. I want to enter the gross sale price and then have Clearbooks work out, and show, the net price and vat amount. Regards, Robin

Hi Robin,

I've tested this on our end and can confirm it works. When creating a new invoice, select the VAT rate, then input the gross value in the Gross Amount box:

file

Tommy

Hi Tommy, Thanks for that. And I can see how it works now. I had put the price into the unit price box and not entered the gross amount into the Gross box. Regards, Robin

No problem Robin!

Tommy

Reply to this question

Attach images by dragging and dropping or upload
 

Your comments will be public and can be answered by anyone in the Clear Books community.

Find out what we do and who we are