Re: [ubl-dev] InvoiceLine and VAT inclusive quoted pricing

From
Danny Gaethofs <>
Date
2009-09-29T05:59:09+00:00
ID
Thread
Re: [ubl-dev] InvoiceLine and VAT inclusive quoted pricing
Dear Graham,

The field : 
Invoice.
  Invoice Line. Line Extension Amount. Amount

It is the total amount for the Invoice Line, including Allowance & Charges but net of taxes.

regards
Danny

From: Graham Leggett <>
To: 
Sent: Tuesday, September 29, 2009 2:46:08 AM
Subject: [ubl-dev] InvoiceLine and VAT inclusive quoted pricing

Hi all,

I am still trying to get my head around UBL, so please forgive what may
be a dumb question.

Under each line of an invoice, it is possible to list both the quantity
of goods and the price the goods are set at, but I cannot seem to find a
clear way to express whether the price is quoted including VAT, or
excluding VAT.

In certain circumstances, rounding can cause the conversion from a VAT
inclusive price to a VAT exclusive price and back again to lose enough
precision that the final quoted price is out.

How does a UBL invoice handle this case?

Regards,
Graham
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