VAT - How to raise a reduced VAT rate invoice?


Guidance on how to raise a Sales or Purchase Invoice with reduced VAT Rate in Business Cloud Essentials.

Creating a reduced VAT invoice

  1. Create a new VAT Rate for required percentage (more details on how to create a new VAT Rate can be found here: VAT Registrations & Rates)
  2. From Stock & Order Items, edit the stock item
  3. Apply the reduced VAT Rate to the stock item and save changes
  4. Raise a new sales invoice and the VAT rate is calculated using the reduced VAT rate
More details on VAT Rates available in the system can be found here: Understanding VAT Rates

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