About Mixed Non-VAT Sales Invoices

Here's a sample mixed NON-VAT sales invoice:

In this example:

• The second line-item includes a description for the percentage tax.

  Tip:

  To provide clear information about percentage-based tax items on your invoices, add an item description in one of the following ways:

  • On an invoice - When creating an invoice, enter the description in the line-item Description field.

  • On the item record - To set a default description, go to the item record, select the Sales/Pricing subtab, and enter the description in the Sales Description field. This description appears by default when the item is added to transactions.

• The Transaction Total Summary shows a Tax Total of zero, meaning no tax amount is added to the invoice total.

• The Sales Breakdown displays the amount for the second line item that is subject to percentage tax.

• The Tax Code setup for this transaction is as follows:

  • Rate: 0%

  • Percentage Tax: Checked

These settings add no tax to the invoice total. However, the Sales Breakdown still shows the percentage tax amount for reporting.

Related Topics

• Printing Philippines Invoicing Transactions
• Changing the Printing Preference
• Displaying BIR-Required Details
• Labels and Watermarks in Philippines Invoicing Documents

General Notices