VAT Settings

Use VAT Settings under Settings to configure VAT settings such as VAT activity codes and debtor and creditor VAT codes. You can add, delete, and edit VAT activity codes, AR/AP VAT codes, VAT code combinations, and VAT return codes.

To use the VAT Settings submodule, you must have access to Settings as defined in the User Access Rights submodule under Settings.

You can use VAT settings in several submodules in WorkBook such as Jobs > Price Jobs > Price and in Finance & Administration > Debtors > Debtor List > Properties > Bank Settings.

The submodule consists of the following tabs:

• VAT Activity Codes: On this tab, you can add, delete, and edit VAT activity codes. You can also enable manual correction for specific VAT activity codes.
• AR/AP VAT Codes: On this tab, you can add, delete, and edit debtor and creditor VAT codes. You can also enable manual correction for specific debtor or creditor VAT codes.
• VAT Code Combinations: On this tab, you can add, delete, and edit VAT code combination rates.
• VAT Return Codes: On this tab, you can add, delete, and edit VAT return codes.