Difference between revisions of "VAT Codes"
From Charitylog Manual
m |
m |
||
| Line 3: | Line 3: | ||
[[File:Menu_vat.PNG]] | [[File:Menu_vat.PNG]] | ||
| − | + | ||
| + | By default your system will have three VAT codes already setup, Exempt (E), Standard (S), and Zero Rated (Z). | ||
Revision as of 16:04, 18 January 2018
By default your system will have three VAT codes already setup, Exempt (E), Standard (S), and Zero Rated (Z).
You can edit these codes by clicking on the code letter, or add additional codes by clicking the 'Create New VAT Code' button.
VAT Code - This is the standard VAT code letter.
Description - The description (full name) of the VAT code.
VAT Code in Accounts - Used if your accounts package uses different codes.
Is This VAT Rate to be Added to the Price - This specifies if your charges include or exclude VAT. This is across the entire system.
Active VAT Code? - If set to 'Yes' then the code can be used.
Click the 'Save Details' button to submit the changes.
