Manage taxes

About VAT settings

When you create a VAT rate in the system, you have to specify the settings that the system uses to calculate the VAT amount and the taxable amount (that is, the tax base) in the documents.

Create a VAT

Make sure that the VAT reporting functionality is enabled in the Enable/disable functionalities (CS100000) window.

Create a new VAT rate

Post non-deductible VAT to the same expense account as the purchase invoice amount

Post non-deductible VAT to a VAT expense account