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- IVA Included (IVC) - In this case, for product worth 1000 (calculation base), the fixed tax value is 120 (rate 12%).
Freights, expenses and insurance in the invoice are entered as items/services in a separate document. In this new document VAT or IVC are regularly calculated, according to calculation rules. The tax value and the invoice total contain decimals calculated by the system. |
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See Also
- Manual Invoicing - Venezuela Notes
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