Logic ERP has rolled out a new update to make tax calculations easier and more flexible. You can now apply both Inclusive and Exclusive tax methods directly in the Sales Order, ensuring accurate pricing and seamless billing operations.
Step 1: Set Tax Configuration (INCL)
Navigate to Sale Order Configuration and open Calculation Mode.
Select "Tax 2" and set calculation type as "Item Wise (INCL)"
For Tax 1, set Calculation Position for percentage fields to Position 5 (counting all fields up to Tax 2).
Set Calculation Method to Plus (+).
Set Calculation Type to Default.
For Tax 3, apply the same calculation settings that were configured for Tax 1 to ensure consistency in tax calculation.
Step 2: Implement in Sale Order
Navigate to the Sales Order module.
Fill in all the required details.
Enter the item details.
Click on the Other Details section.
You will see that Inclusive Tax has been applied automatically.
