Let us know Stock Value without VAT for Tax Purposes
started a topic
over 7 years ago
We used to be able to know the value of our stock without VAT for Tax Purposes at the end of each financial year, since the introduction of the new PO system, VAT is now added.
As Linnworks is our stock database, we need to get this information out of it easily.
1 person likes this idea
over 6 years ago
Instead of implementing two different value tracking, in Settings -> Application settings you can set the system to track stock value exclusive of vat. So when purchase orders are delivered they will not add the vat amount to your stock value.