A business operating in different regions with Value Added Tax (VAT) configured within the Chargebee site displays the VAT amount on the invoices. This amount is displayed in the local currency of the countries mentioned in the table.
The following settings must be enabled to display the invoices and credit notes PDF with local currencies in the respective regions.
When this setting is enabled, the user is able to view the options listed below:
Display the amount of VAT payable in local and invoice currency.
Display the total amount excluding VAT in local currency.
Display the total invoice amount in the local currency.
Country |
Local Currency |
Source |
Conversion method |
---|---|---|---|
Indonesia |
Indonesian Rupiah (IDR) |
Source of exchange rates - https://www.bi.go.id/en/statistik/informasi-kurs/transaksi-bi/Default.aspx as per the legal mandate. |
|
Taiwan |
New Taiwan Dollar (NT$) |
Source of exchange rates - https://rate.bot.com.tw/xrt?Lang=en-US as per the legal mandate. |
|
Malaysia |
Malaysian Ringgit (RM) |
Source of exchange rate is the European Central Bank. |
|