Tax, Product Price

Hello.
I sell my products only inside switzerland. Here we have 8% VAT.
So i setted up a percentage VAT of 8%.

I have a product that i want to sell for CHF 120.- (including VAT)

What price do i have to the product?
I would expect CHF 120.-. But then the VAT is added tho this.
Do i have to use 111.11 CHF? This would be bad, becouse i have calculate the price for every single product.

Thanks for your help

Hello GreVo,
Currently, that is correct. You can only enter the origin cost of product, then assign the tax and the system will add tax to the origin price and show the final price to customer.
Sincerely, Giang

GreVo wrote: This would be bad, because i have calculate the price for every single product.

Giang Dinh Truong as I told you in the other topic here in Europe we are accustomed to using only the prices VAT included and we like to insert them in the catalog, so the best for us would be to have:
Backend catalog prices: VAT included
Frontend catalog prices: VAT included and optional VAT exluded
Invoice prices: VAT included for individuals and VAT exluded + taxes for companies

Hello Davide,
I am sorry but current system does not support this. I will take the time to add that feature soon.
Sincerely, Giang

Did you add this feature already, this is quite important for EU shops, which are working B2B and B2C

best regards

Christian