Hello,
When posting a invoice to customer say for £100, there is 5% payment discount, the actual invoice states (assume 20% vat)
VAT legistlation in the UK states you must always assume the lower vat amount i.e. £19.00 (even if you do not take the payment discount). So the calculation will be as below.
Goods £100
VAT £ 19
Total £119.00
Can this be controlled by the BasType (Alternative formula for condition base value) in pricing procedure?
Is there a standard routine for this ? At present we are using routine 44 (VAT France) for VAT condition type MWST as client has major operation from FR.
However, for UK we need to address this legal requirement
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