Hello,
[I hope to say this right as i am german and this money/tax thing is not my daily stuff ...]
I want to create invoices that show a list of articles (print magazines in my case), that show the price including the 7% tax, in our case 10 EUR.
For example, if i sell 2 magazines, it shows the subtotal of 20 EUR and the invoice amount of 20 EUR and a field that says (incuded tax 7%): 1,31 EUR.
Is that possible with SimpleInvoices?
Or can anyone help me altering/changing the code?
Thanks!
Micha
Hi Micha,
If you are looking to have magazines listed as separate items and to apply the 7% tax the best way would be to add a tax rate at 7% in
Settings > Tax Rates
Add your magazines as products:
Products > Add Products
Then when creating an invoice add each magazine as a seperate item and select the tax rate for each item.
This will give you an invoice with the magazines listed and the overall total will include the tax.
I hope this helps,
Matt
Hey Matt,
thanks for the quick reply. Actualls doing as you describe creates an invoice, where the tax is added on top of the price per piece, see here: http://cl.ly/4cAN/Bild_3.png
It should be included and.
So i would love that the line with "7%" is renamed "Included Tax 7%" and the Total (here: "Rechnung Betrag") should be 20 Euro.
Any idea?
Thanks!
Micha
Hi,
To get the total to 20 euros you will need to change the product prices so that they have a 7% discount (this will 7% will be applied before the total) You can use the following formula to calculate the new prices:
current price / 1.07 = new price.
Change the name of the tax to 'Included Tax 7%' and it will show up like that on the invoice.
Matt
Hey Matt, thanks, but the point is, that we need them to be listed with 10 Euro, as that is normal when we deal with customers. We just mention the tax included later ...
So thats why i ask wether there is an option to change the code to add the total without tax and display the included tax somewhere else ...
You could try using a custom field but you would have to calculate the tax manually on every invoice.
Matt
Matt, I've seen few requests around for this feature. Simply having a general option in SI to "include tax in line total" would be ideal. In Australia (and by the looks some other countries) it is law to quote totals inclusive of Taxes and specify the tax amount at the bottom of the invoice.