Help with VAT Calculator: Understanding Input Fields

[rarov]

Hey everyone,

I'm currently working on a project and I'm stuck with a VAT calculator. Specifically, I'm confused about the input fields. Can someone clarify what each field represents? I see options for "Net Price," "VAT Rate," and "Gross Price." My understanding is that the Net Price is the base amount https://southafricanvatcalculator.co.za/, and the VAT Rate is the tax percentage, but how does the Gross Price factor in? Also, are there any other important inputs I should consider? Any guidance or resources would be greatly appreciated! Thanks in advance for your help.