|
|
|
Definition: |
The total retail value of invoiced trade items as a monetary amount. |
|
|
|
|
GDD Name: |
totalRetailValue |
|
|
GDD Definition: |
Total amount calculated as sales price x invoiced quantity. Required for products with regulated price, such as cigarettes or books. |
|
|
Usage: |
The total invoice retail monetary amount value is for information only and should not be included in any calculation of other monetary amounts.
Relevant information in some markets for products, such as tobacco products and books, which has a regulated price. |
|
|
Remark: |
The total invoice retail value monetary amount of the invoiced trade items is the monetary amount summation calculated using the price to be payed by the consumer for each trade item multiplied by the invoiced quantity for each invoiced trade item.
The total invoice retail value monetary amount includes all applicable taxes such as excise tax and taxes applicable to the sales transaction, such as sales tax, goods and services tax (GST) and value added tax (VAT). |
|
|
