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SuiteWorld brings thousands of innovators, builders, and leaders together to learn, connect, and shape what’s next. This October, explore how to build a stronger foundation for growth through inspiring keynotes, major product reveals, hands-on sessions, and unforgettable moments—all in one place for our biggest event of the year. Join us
Setup Transactions to be Inclusive of Tax or Exclusive of Tax
Now we have been done normal tax setup ans it is work properly. But we need to setup inclusive and exclusive tax in the system. Below i mentioned example for exclusive and exclusive tax.
Inclusive Tax
Net Amount - Rs. 1000
Tax Rate - 15%
Gross Amount - Rs. 850
Tax Amount - Rs.150
Exclusive Tax
Net Amount - Rs. 1150
Tax Rate - 15%
Gross Amount - Rs. 1000
Tax Amount - Rs.150
Please let us know how to do it.
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