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 ==
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== '''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
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'''Description'''
**This is used through the system to explain the rate - e.g. "Standard"
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*This is used through the system to explain the rate - e.g. "Standard"
*VAT Rate
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'''VAT Rate'''
**Numeric to 2 decimal places.
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*Numeric to 2 decimal places.
*Sage Code
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'''Sage Code'''
**As Required, check with Support if you are unsure.
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*As Required, check with Support if you are unsure.
*Quickbooks Code
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''''Quickbooks Code'''
**As Required, check with Support if you are unsure.
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*As Required, check with Support if you are unsure.
*Magento2 Code
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'''Magento2 Code'''
**As Required, check with Support if you are unsure.
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*As Required, check with Support if you are unsure.
*EC VAT Code
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'''EC VAT Code'''
**Use this option to apply this rate to customers who set as "EC Customers".
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*Use this option to apply this rate to customers who set as "EC Customers".
*Active
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'''Active'''
**Green for Active, Red for Inactive.
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*Green for Active, Red for Inactive.
*Default Rate
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'''Default Rate'''
**Green for Default, Red for Not Default.
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*Green for Default, Red for Not Default.
*Exempt Rate
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'''Exempt Rate'''
**Option to set this rate as the "Exempt" Rate.
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*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 09:58, 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!