Setting VAT Print Option

You can set the VAT Print Option to include or exclude VAT in the transaction amount of Philippines documents.

To set the VAT Print Option:

1. Edit a Philippines subsidiary record.

2. Click the Philippines Invoicing subtab.

3. In VAT Print Option, select either Inclusive or Exclusive.

   If you select the Inclusive option, the transaction amount with tax will be indicated. Separate columns for Tax Amount and Tax Total are added to the transaction summary on printed forms.

   If you select the Exclusive option, the transaction amount without tax will be indicated.

4. Click Save.

The Philippines documents or transactions of the subsidiary will include or exclude VAT in their amounts depending on the option you selected.

Related Topics

• Philippines Invoicing
• Philippines Transaction Form Mapping and Invoicing Templates
• Philippines Document Numbering Setup
• Roles and Permissions for Philippines Invoicing
• Printing Philippines Invoicing Transactions

General Notices