Use of V.A.T Data

The data regarding the V.A.T. percentages that you will be charging are given in the ‘V.A.T. Data’ screen.

The following fields needs to be filled in:

• ‘Calculate V.A.T. in prices and invoices?’:
  Answer ‘Yes’ when you wish to include V.A.T. in the invoice prices and ‘No’ when no V.A.T. is to be invoiced.
• V.A.T. Identification number’:
  Enter your V.A.T. number.
•  ‘V.A.T. Low percentage’:
  Enter the low V.A.T. percentage.
•  ‘V.A.T. High percentage’:
  Enter the high V.A.T. percentage.

The V.A.T. percentages are used during the definition of events. You can define which V.A.T. percentage applies to the event for each event individually.

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