VAT Rates

The VAT rates can be managed at Set Up menu > Vat Rates page.

To modify a VAT rate, click on the name of the selected VAT rate and then click on the Modify button. To create a new VAT rate, select the Add action from the main VAT Rates screen.

It's recommended to choose the regular VAT rate option, as introduction of additional choices could result in unnecessary complexity for subsequent accounting handling.

TIP

The VAT rates can be utilised at Tariffs, Events and Product Groups pages.