Service Manager
How to: Setup VAT Codes
Setting up Service Manager > Setting Up Invoicing > How to: Setup VAT Codes

Service Manager already comes with the standard list of UK VAT Codes. Should you need to you can add or amend the existing codes.

 To create a VAT Code record

  1. From the home page, choose Data and then Accounts
  2. Choose the VAT Codes tab
  3. Choose New to create a new code or Edit to edit an existing code
  4. Enter a Code for the VAT Code - Such as 'T1'
  5. Enter the Percentage rate as a number - use 20 for 20% or 5 for 5%
  6. Give a Description for the code, for example 'Standard rates transactions, currently 20%'
  7. Choose Save

Your new code will be displayed and ready to use.