VAT Rates

This is where we set up the various VAT rates that you will use for Financing in Journease.

T0 and T1 are pre -set and represent zero Tax and the current STANDARD UK VAT rate

To add a new VAT rate:-

1. Click New, this will add a blank line at the bottom of the table for you to enter the new details
2. Enter a code for the new listing, e.g. T2, T3 etc. although this can be a code in any form that you are used to using.
3. Enter a brief description  and the VAT rate to associate with the new code
4. Export Code (Sales Invoices)/(Bills) are the code used by your chosen accounts package for this specific tax rate. (T0 above shows 0.0%Z which is the default code for zero tax used by Sage)
5. Click on Save

Once saved these VAT codes can be used when creating and pricing Jobs in Journease.