VAT - Registrations & Rates

Introduction

The system permits multiple VAT registrations. If, for example, the organisation has a separate EU registered business in a different country then the different registrations can be handled here.

Setting up VAT Registration & Rates

VAT Registration

To enter VAT Registrations:

  1. Select Account > VAT Registrations > New Registration and enter the following:
  • VAT registration number
  • Country code
  • Valid from/to dates
  • Cycle (months)
  1. Select Create​ and the VAT Registration is saved in the system and can be selected at various stages of the quote/order/invoice process, as well as reporting.

VAT Rates

To enter VAT rates:

  1. Select Accounts > Vat Rates > New Rate and input the details in the following fields:
  • Name
  • Country code
  • Rate %
  1. Select Create and the VAT Rate is saved in the system and can be selected at various stages of the quote/order/invoice process, as well as reporting.
For further information on VAT Registration and VAT rates please refer to GOV.UK.


Did this answer your question?


Powered by HelpDocs (opens in a new tab)