VAT Calculations on Eazy Costing Invoices
We are sometimes asked “How is VAT Calculated on Eazy Costing Invoices?” The reason for the question is because sometimes the VAT Calculated doesn’t = (Sub-Total + Sub-Total x VAT Rate). The reason for the seemingly incorrect value is because Eazy Costing uses International Financial Reporting Standards (IFRS) guidance to calculate VAT. These standards dictate […]
