VAT INFO

Use this subtask to assign the default tax ID number for customers whose transactions may be subject to VAT tax. When an invoice includes VAT tax, the system uses the tax ID number you provide in this subtask to keep track of that tax. Since Costpoint does not recognize both Sales and VAT tax for one customer, you must create a different customer for each taxable location.

Customer

These fields display the customer account and name from the main screen.

Table Window

Tax ID No.

Enter the tax ID number for this vendor. Each customer has only one tax ID. Costpoint allows multiple lines on this form, so you can keep records of other branches and their IDs. For example, if your company is Acme Ltd. In the United Kingdom, you can also keep track of the tax ID and location for Acme S.A. in France.

Tax Location

Enter the tax location (city, state/province, county, or country) that recognizes the tax ID for this customer.

Default

Enter "Y" (Yes) or "N" (No) to determine which of these tax IDs will default for this customer. The default tax ID will have a "Y" in this column. Each customer can have only one default tax ID.