Cost estimate including VAT

You determine per sales contact whether you use sales prices including or excluding VAT. This setting also applies to new cost estimate lines. In the cost estimate you can then deviate from this setting.

To enter quotations/cost estimates including VAT:

1. Go to: Projects / Cost estimate / Cost estimate.
2. Click on: New.
3. Select the entry layout..
4. Complete the fields in the entry layout header.

   When entering a cost estimate Profit looks at the various settings. If you have indicated for a sales contact that prices are including VAT then Profit will retrieve the prices including VAT. If you have not activated this field, then Profit retrieves the default sales price (excluding VAT).

   In the cost estimate you have the opportunity to manually change the setting that indicates whether the cost estimate is inclusive or exclusive of VAT. When you specify a sales contact in the selection part, the cost estimate will copy the value of the including VAT setting. You can also include this option as a check box in the cost estimate header. In that case, as long as no lines have been entered you can change the check box setting. If a new line has been entered, you must delete it so that you can change the check box setting. By deselecting the check box you can still differ from the default.

5. Click on the action: F5. Select.
6. Complete the entry line.
7. If you have modified the cost estimate entry layout then you may be able to complete the following fields in the cost estimate line which are related to including VAT:
   • Sales price incl. VAT (BC)
   • Sales price inclusive of VAT Foreign currency
   • Amount line incl. VAT basic currency
   • Line amount incl. VAT Foreign currency
   • Discount amount incl. VAT Basic currency
   • Discount amount incl. VAT Foreign currency
8. Click on: Finish.