Difference between revisions of "VAT Rates"
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This shows all of the current VAT Rates Setup. | This shows all of the current VAT Rates Setup. | ||
| − | == Create / Edit VAT Rate == | + | == '''Create / Edit VAT Rate''' == |
Use this option to create or edit VAT rates, the following options will be available: | Use this option to create or edit VAT rates, the following options will be available: | ||
| − | + | '''Description''' | |
| − | + | *This is used through the system to explain the rate - e.g. "Standard" | |
| − | + | '''VAT Rate''' | |
| − | + | *Numeric to 2 decimal places. | |
| − | + | '''Sage Code''' | |
| − | + | *As Required, check with Support if you are unsure. | |
| − | + | ''''Quickbooks Code''' | |
| − | + | *As Required, check with Support if you are unsure. | |
| − | + | '''Magento2 Code''' | |
| − | + | *As Required, check with Support if you are unsure. | |
| − | + | '''EC VAT Code''' | |
| − | + | *Use this option to apply this rate to customers who set as "EC Customers". | |
| − | + | '''Active''' | |
| − | + | *Green for Active, Red for Inactive. | |
| − | + | '''Default Rate''' | |
| − | + | *Green for Default, Red for Not Default. | |
| − | + | '''Exempt Rate''' | |
| − | + | *Option to set this rate as the "Exempt" Rate. | |
== Delete VAT Rate == | == Delete VAT Rate == | ||
Use this option to permanently delete a VAT Rate. This cannot be reversed and all of your stock records will be reset! | Use this option to permanently delete a VAT Rate. This cannot be reversed and all of your stock records will be reset! | ||
Revision as of 10:58, 15 September 2021
The VAT Rates section has the following options available.
Note: The acronym "VAT" will change dependant upon what is currently setup on your system (e.g. GST).
List VAT Rates
This shows all of the current VAT Rates Setup.
Create / Edit VAT Rate
Use this option to create or edit VAT rates, the following options will be available: Description
- This is used through the system to explain the rate - e.g. "Standard"
VAT Rate
- Numeric to 2 decimal places.
Sage Code
- As Required, check with Support if you are unsure.
'Quickbooks Code
- As Required, check with Support if you are unsure.
Magento2 Code
- As Required, check with Support if you are unsure.
EC VAT Code
- Use this option to apply this rate to customers who set as "EC Customers".
Active
- Green for Active, Red for Inactive.
Default Rate
- Green for Default, Red for Not Default.
Exempt Rate
- Option to set this rate as the "Exempt" Rate.
Delete VAT Rate
Use this option to permanently delete a VAT Rate. This cannot be reversed and all of your stock records will be reset!
