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What are MYOB Items and Invoices Tax Management with Vtiger CRM?

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Let us learn MYOB Items and Invoices Tax Management with Vtiger CRM.
MYOB Items and Invoices have two optional Tax types such as:
  • Tax Inclusive 
  • Tax Exclusive

MYOB Items Tax Types

MYOB Items Tax types are mapped with the Vtiger CRM Products module.
Follow these steps to understand MYOB Invoices Tax types with Vtiger CRM:
  1. Click Sales.
  2. Select Items.
  3. Click the Create item button.
  4. Under Selling, under Selling price is, when you choose the Tax type:
  • Tax inclusive - In Vtiger CRM, in the Products module, in the Detailed View of the Product record under MYOB Information the Tax inclusive field is checked by default.
  • Tax exclusive - In Vtiger CRM, in the Products module in the Detailed View of the Product record under MYOB Information the Tax exclusive field is unchecked by default.
 
MYOB Invoices Tax Types
MYOB Invoices Tax types are mapped with the Vtiger CRM Invoices module.
Follow these steps to understand MYOB Invoices Tax types with Vtiger CRM:
  1. Click Sales.
  2. Select Create Invoice.
  3. Click the Settings icon.
  4. Under Field Layouts, select Services and items.
  5. Under Amounts are, when you choose the Tax type: 
  • Tax inclusive - in Vtiger CRM, in the Invoices module, in the Detailed View of the Invoice record:
    • Under Invoice Details, the Tax Inclusive field is checked by default.
    • Under Item Details, the Unit Selling Price field is synced with the Unit price field on the MYOB Invoice. The price displayed here includes the tax amount.
    • Under Item Details, the MYOB Tax Total field is synced with the Tax field on the MYOB Invoice.
    • Under Item Details, the Grand Total field is synced with the Total field on the MYOB Invoice. The price displayed here includes the tax amount.
  • Tax exclusive - In Vtiger CRM, in the Invoices module in the Detailed View of the Invoice record:
    • Under Invoice Details, the Tax Inclusive field is unchecked by default.
    • Under Item Details, the Unit Selling Price field is synced with the Unit price field on the MYOB Invoice. The price displayed here excludes the tax amount.
    • Under Item Details, the MYOB Tax Total field is synced with the Tax field on the MYOB Invoice.
    • Under Item Details, the Grand Total field is synced with the Total field on MYOB Invoice. The Grand Total price displayed here varies from the Total price as it is excluding the tax amount.
Note:

The above-mentioned tax amount differences on Vtiger CRM and MYOB are because Vtiger CRM Products and Invoices are always designed to be Tax exclusive. But on MYOB you can choose Items and Invoices to be either Tax inclusive or Tax exclusive.

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