Difference between revisions of "VAT Rates"

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== '''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'''
+
'''Description'''<br />
*This is used through the system to explain the rate - e.g. "Standard"
+
This is used through the system to explain the rate - e.g. "Standard"
'''VAT Rate'''
+
 
 +
'''VAT Rate'''<br />
 
Numeric to 2 decimal places.
 
Numeric to 2 decimal places.
'''Sage Code'''
+
 
 +
'''Sage Code'''<br />
 +
As Required, check with Support if you are unsure.<br />
 +
 
 +
'''Quickbooks Code'''<br />
 
As Required, check with Support if you are unsure.
 
As Required, check with Support if you are unsure.
''''Quickbooks Code'''
+
 
 +
'''Magento2 Code'''<br />
 
As Required, check with Support if you are unsure.
 
As Required, check with Support if you are unsure.
'''Magento2 Code'''
+
 
As Required, check with Support if you are unsure.
+
'''EC VAT Code'''<br />
'''EC VAT Code'''
 
 
Use this option to apply this rate to customers who set as "EC Customers".
 
Use this option to apply this rate to customers who set as "EC Customers".
'''Active'''
+
 
 +
'''Active'''<br />
 
Green for Active, Red for Inactive.
 
Green for Active, Red for Inactive.
'''Default Rate'''
+
 
 +
'''Default Rate'''<br />
 
Green for Default, Red for Not Default.
 
Green for Default, Red for Not Default.
'''Exempt Rate'''
+
 
 +
'''Exempt Rate'''<br />
 
Option to set this rate as the "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 11:00, 20 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!