Thank you What is missing for me is to be able to apply VAT to the whole quote - for now VAT is only applied to the items billed in the first invoice
so if you have a mix of one off products and a recurring fee, VAT is applied to the one off elements and the first month of the recurring ones - this makes for a total that has no sense and is very confusing when we are dealing with raising POs for instance Is it possible to change options around this?
@Angela_W certainly a step in the right direction, but sadly for us in with intense US operations still not a very useful release from HS, as there are 1000s of tax rates depending on the PLZ of the client 😞
Some of you may have missed it, but HubSpot launched a Tax rate system. To get it you have to go in settings > products > tax Rates.
There you can define a tax rate that will be available for each line item.
It is not automatic yet so you have to choose for each line item the tax rate and it doesn't keep it in memory for the next one (which would have solved everything ... we are so close to it !)
Thanks to reply Unfortunately, In Quebec we have two taxes and the total of those is 14.975% HS handle 2 digits after dot… they knows, they’re charging us taxes on their billing. We’ll wait
This is a must-have feature. Every product item has to have a standard tax and the whole invoice has to show in the summary which taxes are included in the invoice and whether the tax has to be paid or not (i.e. VAT ID in Europe is provided by a business customer). In Europe, the finally VAT depends on the country in which the end-customers lives (different tax rates in nearly every EU-Country).
Hello, it’s surprising that a software like HubSpot does not offer the possibility to automatically display VAT in quotes. It seems to be quite simple, but when users forget, several thousands (see tens of thousands of euros) can be lost. For a quote editor, this should be one of the main features. Surprising to see that in addition to this, an article was written in 2020 for this problem.