To specify whether the charge amounts setup in Circulation and Requests settings include tax:
For example, say the allocation charge in the reservation policy is $2.20. If Charge amounts are tax inclusive is set to no or null, then the allocation charge applied to the borrower is $2.42 (i.e. the charge amount is $2.20 and the tax amount is $0.22). However, if Charge amounts are tax inclusive is set to yes, then the allocation charge applied to the borrower is $2.20 (i.e. the charge amount is $2.00 and the tax amount is $0.20).
Null means the same as No. |