Calculate tax from inclusive Amount
In Invocing , Should be a provision like , if we enter a amount including tax ( for example 11400 ) , so it should calculate the tax amount ( 1400 & 14% ) automatically.
MOHIT
shared this idea
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Ananya
commented
Hi,
I am happy to let you know that you can now provide your invoice rates inclusive of tax and we will calculate the included tax amount for you.
For purchase, you can find this option while creating your bills or purchase orders.
For sales, you can enable this option from Settings > Preferences > General > Check the box that says 'Enable the option to mark your sales transaction as either Tax Exclusive or Tax Inclusive' > Click on Save.
Now, you will be able to provide the option whether your line item rates are inclusive or exclusive of tax.
I hope this feature meets all your needs. Let me know if you need further help. :)
Regards,
Ananya - Zoho Invoice team