VAT codes
If the module Invoice is declined within i-Reserce, the opportunitiy to apply VAT rates will be possible on verious components.
The steps to change or create a VAT code in i-Reserve:
- Go to Configuration (dropdown under the username)
- Choose Modules, VAT codes
- Add a new VAT code by '+New VAT code'
Settings
In VAT codes are the following settings available:
| Setting | Description |
|---|---|
| VAT Default | Yes or No possible. It's possilbe to set one default VAT code. |
| VAT description | The description of the VAT code. These can be included in a template. Usually used as 'high' or 'low' rate. |
| VAT percetage | The percentage of the VAT. For example 21 |
| VAT account code | With this options it's possible to add a account code to the VAT code |
| VAT account sign | Debit or Credit |
Adding VAT rates to pricing lines
When VAT rates are available within i-Reserve, they can be set on the following components:
Pricing schemes
Go to Configuration and then to Admin products. Click here on the button for the Schema view. You will find the price schemas at the bottom of this page. When you open a price schema, you can select the correct VAT rates for the lines in the VAT column.
Option prices
Go to Configuration and then to Admin products. Click here on the button for the Extra view. In the Option detail block, open the option dialogue for an option. On the last page of the dialogue, you can select the correct VAT rate in the VAT field.
