Invoice Item Tax Information

Overview

Invoice Item Tax Information capture in the screen for the Invoice items.

Invoice Item Tax Information Screen Fields and Tab

FieldsDescriptions
Serial NumberAuto-generated Serial Number starts with 1 for each Invoice Item
Tax IDThe tax Id for the invoice Items.
Price Includes TaxIf Yes, then the amount of goods already includes the tax amount, else Tax amount should be added/deducted from the goods amount.
Tax PercentageField to show the effective tax percentage of the selected tax.
Tax AmountThe total tax amount as per the selected tax percentage for the invoice items.
Added / DeductedTo indicate if the tax amount is added to the goods price or deducted from it.
Tax Domestic AmountIt shows the tax domestic amount calculated by the system.
Tax Foreign AmountIt shows the tax foreign amount calculated by the system.