Setting up VAT in Automatic Invoices in Zoho Inventory
Welcome to our guide on configuring VAT (Value Added Tax) in automatic invoices within Zoho Inventory. This guide addresses the common issue faced by users who need to automate invoice creation, including VAT calculations, especially when integrating with platforms like Etsy. We'll explore the current status of VAT configuration and provide insights into upcoming fixes and alternatives.
Understanding the Issue: Users, like Coralie, transitioning from other platforms to Zoho Inventory seek to automate their invoice creation process, including the inclusion of VAT. Despite setting up VAT rates, they encounter challenges with VAT not appearing correctly in automatic invoices generated from marketplace orders.
Current Status: Zoho Inventory's team is aware of this issue and is working on a fix. According to Akshaya G, the estimated time of arrival (ETA) for this fix is the end of January 2024. This fix will ensure that the correct tax is associated with orders syncing from platforms like Etsy.
User Inquiry: Coralie seeks clarification on the ETA and expresses concerns about the current inability to automate VAT in Zoho Inventory. She emphasizes the need for this functionality to ensure compliance with French legislation.
Response and Next Steps:
Conclusion: The upcoming fix in Zoho Inventory will address the issue of automating VAT calculations in automatic invoices generated from marketplace orders. Users can expect this fix to be implemented by the end of January 2024, providing a seamless solution for VAT compliance in their invoicing processes.
Stay Informed: Users are encouraged to monitor updates from Zoho Inventory's support team and community forums for announcements regarding the implementation of this fix and other enhancements.
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