Add New AR/AP VAT Codes

Use the VAT Settings submodule to add new AR/AP VAT codes.

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

To add a new AR/AP VAT code:

  1. On the main toolbar, click Settings .
  2. If you have more than one company in your system, use the drop-down list above the left pane of the Settings screen to select the company to which you want to add a new AR/AP VAT code.
  3. In the left pane of the Settings screen, click Finance > VAT Settings.
  4. Click the AR/AP VAT Codes tab and on the grid toolbar, click Add AR/AP VAT Code .
  5. You can edit the different fields by double-clicking on the corresponding field.
  6. If you want to enable manual correction for the AR/AP VAT code, unselect the code that is currently enabled for manual correction and then select the Manual Correction check box.