Gross profit vs VAT

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.

Answers

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 is added to the price tax, it means it is not taken into account when calculating gross profit

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