Price Includes VAT Field, Item Table

Specifies if the Unit Price and Line Amount fields on sales document lines for this item should be shown with or without VAT.

The program uses the field when it copies the unit price from the item card to a sales line. If the check box is empty, indicating that VAT is not included in the unit price (this is the usual case, except for retail sales), the unit price will be copied directly from the item card to the Unit Price field on the sales line. If there is a check mark in the check box, the program will subtract VAT from the price on the item card before entering it on the sales line.

Place a check mark in the check box if VAT is included in the unit price of the item. If you do this, you must fill in the VAT Bus. Posting Gr. (Price).

Tip

For more information on how to work with fields and columns, see Work with Data. For assistance in finding specific pages, see Search.

Parent Tables

Table	Location
Negative Adjmt. (LCY) Field, Item Table	Inventory
Item Table	Inventory
Item Table	Inventory

See Also

Reference

Item Card

Other Resources

How to: Set Up Items
How to: Record VAT
Small Business Role Center