On Apr 7, 2010, at 4:23 PM, Selvakumar Ganesan wrote:
> I want to implement vat tax with the ofbiz tax calculation.what should I do
> to add that tax process in that.
Setting up a vat tax is not very different from setting up a sales tax: just
make sure you select the proper type ("Value Added Tax", VAT_TAX) for the type
in the "product rate" screen:
https://localhost:8443/accounting/control/EditTaxAuthorityRateProducts?taxAuthPartyId=UT_TAXMAN&taxAuthGeoId=UT
A summary by VAT tax will be included in the invoice (as required at least by
EU countries).
Warning: the report with VAT tax balance is not available ootb.
Jacopo
