Retail Merchandising System (MOSC)

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POS includes VAT in store form

edited Mar 20, 2013 4:32PM in Retail Merchandising System (MOSC) 1 commentAnswered
Hi,

Would like to understand the usage of 'POS includes VAT" option in RMS.

Understand by checking the option "POS includes VAT" in store form, vat_include_ind in store table will be set to 'Y'.This means, Store file(RTLog) will have unit_retail inclusive of VAT? If yes, then unit_retail will come under "TITEM" and vat will come under "TTAX" or "IGTAX"?

Does unit_retail + VAT impact both RTLog and POS files?

Understand ReSA allows 4 decimal places when calculating VAT and RMS (Posupld) will calculate with two decimals by rounding off.

Did any enhancement or bug fix done to make the calculation same from ReSA and RMS perspective?

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