A new update is available for DragonByte eCommerce by DragonByte Technologies.
DragonByte eCommerce 1.3.4
Update highlights
This update features some important changes in relation to VAT and PayPal.
If you sell your products via PayPal, and use accounting software like QuickBooks to manage your bookkeeping, it would previously have been difficult to utilise the VAT features in eCommerce while maintaining records in your accounting software. Transactions would either fail to import or be imported with incomplete data.
This happened because eCommerce would specifically tell PayPal how much sales tax to add separately to each transaction, bypassing any sales tax rates you set up in your interface.
There is now a new setting for controlling whether the order cost sent to PayPal is inclusive of tax. If this setting is turned off, PayPal will use the sales tax rates as defined in your PayPal account settings to apply sales tax.
If a valid VAT ID was added to the order, eCommerce will tell PayPal to not add any tax to the order, unless the person placing the order is from the same country as your business.
If both the seller and the customer is located in the same country, VAT should always be added and each party will be able to reclaim the VAT from the tax authority.
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The next version (v1.4.0) will have even more updates with regards to VAT. The tentative feature list:
I'm aiming to make the update as frictionless as possible for your existing customers. All past sales tax IDs will be imported into the corresponding address entries. The existing form field for entering a VAT ID during checkout will simply be changed to apply to the currently selected billing address, rather than the order itself.
As always, it's not possible to provide an ETA for this update.
Complete Change Log
Feature: Add new setting for controlling whether tax amount is included in the amount sent to the payment processor
Change: Update sales tax calculation to only exclude sales tax if VAT is enabled and the user is from a different VAT country
Fix: Fix product description not saving
Fix: Fixed an issue where add-on products would generate an alert if the user is watching the category
Read more about this product...
DragonByte eCommerce 1.3.4
Update highlights
This update features some important changes in relation to VAT and PayPal.
If you sell your products via PayPal, and use accounting software like QuickBooks to manage your bookkeeping, it would previously have been difficult to utilise the VAT features in eCommerce while maintaining records in your accounting software. Transactions would either fail to import or be imported with incomplete data.
This happened because eCommerce would specifically tell PayPal how much sales tax to add separately to each transaction, bypassing any sales tax rates you set up in your interface.
There is now a new setting for controlling whether the order cost sent to PayPal is inclusive of tax. If this setting is turned off, PayPal will use the sales tax rates as defined in your PayPal account settings to apply sales tax.
If a valid VAT ID was added to the order, eCommerce will tell PayPal to not add any tax to the order, unless the person placing the order is from the same country as your business.
If both the seller and the customer is located in the same country, VAT should always be added and each party will be able to reclaim the VAT from the tax authority.
---
The next version (v1.4.0) will have even more updates with regards to VAT. The tentative feature list:
- Sales tax ID will be stored in the address book, rather than the order. This means recurring customers won't have to keep re-entering their VAT ID every time they place an order.
- If VAT is enabled in the tax settings, addresses with VAT IDs will be placed under moderation and appear in the "Approval Queue" in XenForo. You can then look up the VAT ID and see whether the user entered their correct business address.
- A new user group permission will be added to allow chosen user groups to bypass the address moderation requirement, if you do not wish / need to use the address moderation feature.
- If an address is under moderation, a notice will appear on the checkout screen letting them know they will still be charged VAT until the address is approved.
- Addresses with approved VAT IDs will not be editable and customers will not be able to delete them from their address books. This is to prevent older order records from being rendered incomplete.
- Addresses will become searchable / editable in the AdminCP.
I'm aiming to make the update as frictionless as possible for your existing customers. All past sales tax IDs will be imported into the corresponding address entries. The existing form field for entering a VAT ID during checkout will simply be changed to apply to the currently selected billing address, rather than the order itself.
As always, it's not possible to provide an ETA for this update.
Complete Change Log
Feature: Add new setting for controlling whether tax amount is included in the amount sent to the payment processor
Change: Update sales tax calculation to only exclude sales tax if VAT is enabled and the user is from a different VAT country
Fix: Fix product description not saving
Fix: Fixed an issue where add-on products would generate an alert if the user is watching the category
Read more about this product...
