VAT Rates

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!