Hi David, I have looked at the Develop branch and the billing is now correct. Is it possible to show the net amount instead of or in addition to the subtotal.
Alternatively a checkbox at “Tax settings” like: Show net amount.
I have created an example to clarify the function:
To show the net amount is relevant in the German tax law and therefore also interesting to produce even more customers for invoiceNinja.com as well as to bring the community invoiceninja.org further.
I have already discovered “Add net_subtotal option #6294”. Is this still included with my suggestion or does it have to be implemented via the customfields?
@hillel please note that you still have a bug in inclusive VAT calculation/presentation on the invoice. It has worked in the v4 and now I see a regression.
The problems are as follows:
when creating an invoice we select the client and the product with appropriate price (unit_cost) - let’s assume it is 50 - unit_cost is a net item value (without vat)
then we select vat rate - let’s assume 20% (the system is configured for inclusive VAT calc)
The system presents on th ePDF invoice the following:
Unit cost 50 → wrong, should be net item value: 41.6 (50/1.2)
quantity 1
Tax 20%
line_total 50 → wrong, should be net item value: 41.6 (50/1.2)
net_subtotal: 41.6
subtotal 50
VAT 8.4
total 50
The biggest problem here is that under Posh VAT rules the invoice needs to present a net value for each item. It’s impossible to do it now. V4 after selecting inclusive vat rate was updating the unit_cost by dividing it be (1+%VAT)…
I think that you need to seriously review the way VAT is being calculated and presented. In the 4.5 version I was able to issue both the invoice with inclusive 10% VAT (90.91+9.09) and additional vat (100+10). In the version 5 I have to change global vat calculation settings to do that. However due to the bug described above I cannot even do that. I had to change labels to be compliant with the Polish VAT legislation and now if I tweak inclusive vat setting then I end with bad invoice. So my only options are stop using invoiceninja5 and moving elsewhere or moving back to v4.5. Is there a way to migrate data back to v4.5 from v5? I guess fixing the above bug and adding the ability of issuing invoices with both inclusive and exclusive vat won’t happen this month?