Specifies if the sales price includes VAT.

The program uses the field when it copies the sales price from the Unit Price field in the Item Price table to a sales line. If VAT is not included in the sales price (this is the usual case, except for retail sales), the sales price will be copied directly to the Unit Price field on the sales line. If the price includes VAT, the program will subtract VAT from the sales price before entering it on the sales line.

If there is a check mark in the Price Includes VAT field you must also fill in the VAT Bus. Posting Gr. (Price) field.

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See Also