Hi,
I'm using O14 with Portugal - Accounting installed (l10n_pt). (Both CE and Enterprise edition Saas)
When receiving products through a purchase order, in Inventory>Reporting>Inventory Evaluation all the values, with the "Costing Method = FIFO " are showing with VAT included. (Also the cost price in the product form is updated with these values)
With "Costing Method" = Standart Price it shows values without Tax (correct way)
How can this be changed in order to get the valuation without tax included.
Thank you in advance
Check in the Chart of Accounts, the related account is included with TAX. If yes,, remove and try
Hi Balagopal R. The "default Taxes" have no associated tax in the "Account Options" setup form (inside chart of account list).