how do I get the net figure when entering the gross
73
0
how do I get the net figure when entering the gross
Hi Steve,
Thanks for using Community Hub.
This depends where you are entering the value in the software, there are some areas that will automatically calculate the net from the gross, but other areas that don't. If you need to manually calculate the net for 20% VAT you can multiply by 1/6 to get the VAT element value.
Regards,
Andy
Sage UKI
*Community Hub is the new name for Sage City