VAT Rates

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Revision as of 18:26, 22 January 2021 by Ncroker (talk | contribs) (Full Documentation.)
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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!