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The "Debit Note (create)" form. The Inventory tab

If you need to manually add an item, click the Add button and select an item from the Items list.

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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     VAT_Amount = Amount*VAT_Rate/100.

The Total amount is automatically calculated according to the VAT-related settings as follows:

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