Use local currency to display VAT in Invoices

Scope

Display the tax component in local currency

Comply with South African VAT regulations.

Summary

You can customize your invoices depending on the invoice requirements in the country where you are selling. Check out the Invoice Customization page for more.

One of the important regulations in South Africa is to display the tax amount in South African local currency for invoice and credit notes in foreign currencies.

Go to Configure Chargebee -> taxes to enable this.

Solution

If you are a business operating in South Africa, and you have configured South African VAT in your Chargebee site, you can display the VAT on invoices using South African Rand (ZAR).

You can enable this setting when the invoice currency is different from the local currency of South Africa. When enabled, the amount of VAT payable gets displayed in the invoice currency as well as the South African local currency (SA Rand), as per the South African VAT regulations. Additionally, you can also select to display the total amount excluding VAT and the total invoice amount in the South African local currency.