FW: 1.7 Invoicing & Sales Tax

[Hugh A.J. Kennedy]

Hi,

I was following the talk with Boyd Kelly and must add the comment that VAT
in the EU works in a similar way, we have different rates of input and
output tax (bill and invoice sales taxes) and we should keep separate track
of the individual taxes collected or paid. As Boyd noted, the billing and
invoice modules seem to keep track ok and the taxes are booked to the
correct accounts via the tax tables. Again, though we need better reporting
of the tax collected or paid at different rates.

Thanks,


Hugh Kennedy