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Item Cost in FIFO method include Tax

elsayed
Explorer
0 Kudos

hello

is there any way to add the Tax or VAT to item Cost using FIFO Method?

example: if I Bought item x001 with 100$ and Tax was 0.1% then the total amount of the AP Invoice will be = 110$
then Item cost for item x001 will be 100$

i want the item cost = item price + Tax ( 110$ )

Accepted Solutions (1)

Accepted Solutions (1)

kay_xiang
Explorer
0 Kudos

Hi elsayed,

You may define a new field to track item price + Tax.

Best regards,

Kay

elsayed
Explorer
0 Kudos

hi Kay Xiang

can you provide more details ??

Answers (0)