Alpina Posted October 9, 2018 Share Posted October 9, 2018 Hi! I am used to quickly check the gross profit on the Loyverse Dashboard. I am not sure whether the output VAT has been taken into account, ie deducted before the Gross Profit? Thanks in advance! P. Link to comment Share on other sites More sharing options...
Solution Margareth Posted October 16, 2018 Solution Share Posted October 16, 2018 The main idea is that if tax is added to the price, then it is not included to the Gross profit. If tax is included to the price, then it is included to the Gross profit too. In case of VAT, it folows the same logic: if it is added to the price tax, it means it is not taken into account when calculating gross profit. But usualy VAT is included into the price, so it means it is taken into account when calculating gross profit. Link to comment Share on other sites More sharing options...
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