ThokDawai supports specifying the price and tax rates allows calculation of VAT on all the possible combinations.
ThokDawai allows you to...
- Work with both forms of tax calculation - Tax on MRP and Tax on Trade Rate.
- Have MRP Rates inclusive of taxes or with taxes extra.
- Bill with rates where taxes are charged extra.
- Work with net rates, situations where sale price (rates) quoted are inclusive of taxes.
Rates Inclusive of Tax
The ThokDawai billing system supports inclusive of VAT option for
- Purchase Rate,
- Sale Rate, and
- MRP
At the time of purchase you can specify the rate type for each of the above 3 rates. The necessary information is automatically passed for use at the time of selling the time - both through Challan and Sale Invoice.
