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How Can I Change Item Rate Calculation to Inclusive/Exclusive?

Certainly! Munim Accounting & Billing software provides flexibility in adjusting item rate calculations to meet your preferences. Here’s how you can make this change:

1. Navigate to Invoice Settings:

  • Go to “Settings” in Munim. Within Settings, select “General Settings“

2. Choose Invoice Section:

  • Under General Settings, find and click on the “Invoice” tab.

3. Adjust Item Rate Calculation:

  • Locate the “Item Rate Calculation” field within the Invoice section.
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Invoice Tab on General Settings page

4. Choose Rate Type:

  • You have the option to switch between “Inclusive” or “Exclusive” rates based on your preference.

5. Save Changes:

  • After making your selection, remember to save the changes.

By following these steps, you can easily customize how item rates are calculated during invoice creation, ensuring that Munim adapts to your specific invoicing needs.