Re: Users - tax functionality

Posted by Ray Barlow on
URL: http://ofbiz.116.s1.nabble.com/Users-tax-functionality-tp138468p138480.html

The UK certainly does require the breakdown, this being an extract from
d'rules:-

16.3.1 General
VAT invoices must show:
·  an identifying number;
·  your name, address and VAT registration number;
·  the time of supply (tax point);
·  date of issue (if different to the time of supply);
·  your customer’s name (or trading name) and address;
·  the type of supply (see 16.3.2 below); and
·  a description which identifies the goods or services supplied.
For each description, you must show:
·  the quantity of goods or extent of the services;
·  the charge made, excluding VAT;
·  the rate of VAT;
·  the total charge made, excluding VAT;
·  the rate of any cash discount offered;
·  each rate of VAT charged and the amount of VAT charged at each rate and shown in sterling; and
·  the total amount of VAT charged, shown in sterling.


Ray


Daniel Kunkel wrote:

>Hi Jacopo
>
>I think we may be a better way of going about this...  Is there anyone
>who ever needs the tax calculations broken out?
>
>Although the software currently calculates tax on an item by item basis,
>I do not believe that this is standard practice, even in the United
>States.
>
>Instead, could the functionality be changed to perform the aggregated
>tax calculations universally, as I believe that this is also an
>acceptable way of calculating taxes in the United States?
>
>Thanks
>
>Daniel
>
>
>On Tue, 2006-04-11 at 11:38 +0200, Jacopo Cappellato wrote:
>  
>
>>Hi Hans,
>>
>>unfortunately I have not still implemented this.
>>The idea (as suggested by David Jones) is to add a flag in the
>>TaxAuthority entity to specify if the tax should be applied to the
>>invoice total or to each invoice items (as is now).
>>
>>There is a quick way to implement the calculation:
>>1) leave the sales tax adjustments as are now, i.e. one adjustment for
>>each order/invoice item
>>2) in the order/invoice reports, hide the item adjustments and show only
>>the total sales tax at the end of the report
>>3) in this way there could be approx errors (a sales tax amount
>>calculated as a percentage of an invoice total could be slightly
>>different from a sales tax amount calculated as the sum of the sales tax
>>amounts of each item); to solve this, in the createInvoiceForOrder
>>service, we could create an offsetting adjustment to fix the approx errors.
>>
>>What do you all think of this?
>>
>>Jacopo
>>
>>
>>
>>Hans Bakker wrote:
>>    
>>
>>>David, Jacopo,
>>>
>>>i had a quick look at the new tax functionality and the page in the wiki but
>>>could not see if it can be used to automatically calculate sales tax on an
>>>invoice for customers in a certain geolocation
>>>
>>>I need to specify 19% sales tax on the total invoice for every customer in the
>>>Netherlands. Will there be an extra invoice item added for this purpose?
>>>
>>>When possible can you give  me a few lines explanation how to do
>>>that?
>>>
>>>Regards,
>>>Hans Bakker
>>>ANT Websystems Co.,Ltd (http://www.antwebsystems.com)
>>>
>>>If you want to verify that this message really originates from
>>>from the above person, download the public key from:
>>>http://www.antwebsystems.com/hbakkerAntwebsystems.asc
>>>
>>>_______________________________________________
>>>Users mailing list
>>>[hidden email]
>>>http://lists.ofbiz.org/mailman/listinfo/users
>>>
>>>      
>>>
>>
>>_______________________________________________
>>Users mailing list
>>[hidden email]
>>http://lists.ofbiz.org/mailman/listinfo/users
>>    
>>

 
_______________________________________________
Users mailing list
[hidden email]
http://lists.ofbiz.org/mailman/listinfo/users