Sage - vat help

emma123
emma123 Registered Posts: 108 Dedicated contributor 🦉
Hey everyone

I'm doing a practice sim at the mo and I notice that the vat is at 17.5% in the invoices where the vat rate on sage is set at 15%. I had a look and can't see anything that lets me change the code. I use Quickbooks in work and I know how to change the vat code on it but i'm stumped as to how to change it on sage. Can anyone help me out?

Comments

  • sdv
    sdv Registered Posts: 585 Epic contributor 🐘
    emma123 wrote: »
    Hey everyone

    I'm doing a practice sim at the mo and I notice that the vat is at 17.5% in the invoices where the vat rate on sage is set at 15%. I had a look and can't see anything that lets me change the code. I use Quickbooks in work and I know how to change the vat code on it but i'm stumped as to how to change it on sage. Can anyone help me out?

    go to settings to the top of the screen

    select tax codes

    select T1

    select Edit

    change the rate

    save
  • emma123
    emma123 Registered Posts: 108 Dedicated contributor 🦉
    sdv wrote: »
    go to settings to the top of the screen

    select tax codes

    select T1

    select Edit

    change the rate

    save

    hi sdv, i looked at settings - i don't see an option for tax codes?
  • AK002
    AK002 Registered Posts: 2,492 Beyond epic contributor 🧙‍♂️
    Settings > Configure > Tax Codes > Edit T1 > 17.5%
  • Jan
    Jan Registered Posts: 654 Epic contributor 🐘
    Go to configuration, the tax codes tab is there.

    AK beat me to it!

    Morning
  • emma123
    emma123 Registered Posts: 108 Dedicated contributor 🦉
    ah configuration! that's great. cheers guys :)
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