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The "Credit Note (create)" form. The Inventory tab
If the credit note is generated based on the invoice, this tab is automatically populated - remove the lines that you don't need and leave the lines with returned items or the items for which correction is needed and edit the details.
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- If the Prices Include VAT option is selected: The VAT amount is extracted from the item amount (Amount), that is,
VAT_Amount = Amount*VAT_Rate/(100+VAT_Rate).
- If the Prices do not Include VAT option is selected: The VAT amount is calculated based on the item amount, that is,
VAT_Amount = Amount*VAT_Rate/100.
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