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Choose the VAT/ Tax Rates tab on the Setup page to edit the VAT
or Tax Rates offered for selection when editing items on invoices.
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Note: SliQ is
pre-configured with the UK VAT rates. There will only be a need to
change the information on this tab if the government alter the VAT
rates.
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Note: If you
are working in a country which uses a different system to VAT, then
you can change the currency
symbol SliQ uses and change the title VAT to something else, e.g.
Tax and set the appropriate tax rates on this page.
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The following picture shows the VAT/ Tax Rates tab.
There are 5 available VAT rates as described in the following
table.
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Name
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Description
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VAT Rate #1
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This is the 0 VAT rate and cannot be altered.
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VAT Rate #2
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This is the lower rate. The rate can be altered.
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VAT Rate #3
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This is the standard rate. The rate can be altered.
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VAT Rate #4
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By default this VAT rate is not used. By checking the Enable VAT
Rate checkbox the rate can be configured for use in invoices and
quotes.
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VAT Rate #5
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By default this VAT rate is not used. By checking the Enable VAT
Rate checkbox the rate can be configured for use in invoices and
quotes.
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All changes will be saved automatically.
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Note: No
changes to the VAT or Tax rates will affect any existing
invoices.
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See Also
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