How do i calculate VAT inclusive

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moonga - 13 Apr 2017 à 08:36
Mazzaropi Posts 1983 Registration date Monday 16 August 2010 Status Contributor Last seen 24 May 2023 - 13 Apr 2017 à 10:21
Hello,
how do i calculate VAT inclusiev? for example, TZS 849235 is vat inclusive, how do I take out the VAT? Taking VAT as 18%


1 response

Mazzaropi Posts 1983 Registration date Monday 16 August 2010 Status Contributor Last seen 24 May 2023 147
13 Apr 2017 à 10:21
moonga, Good morning.

Suppose:
A1 --> 849235

Try to use:
NET VALUE
C1 --> =A1/1.18
C1 --> 719690.68

VAT
B1 --> =A1-(A1/1.18)
B1 --> 129544.32

Is that what you want?
I hope it helps.
--
Belo Horizonte, Brasil.
Marcílio Lobão