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Sage - vat help

emma123emma123 Well-KnownRegistered Posts: 108
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

  • sdvsdv Experienced Mentor Registered Posts: 585
    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
  • emma123emma123 Well-Known Registered Posts: 108
    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?
  • AK002AK002 Font Of All Knowledge Registered Posts: 2,492
    Settings > Configure > Tax Codes > Edit T1 > 17.5%
  • JanJan Experienced Mentor Registered Posts: 654
    Go to configuration, the tax codes tab is there.

    AK beat me to it!

    Morning
  • emma123emma123 Well-Known Registered Posts: 108
    ah configuration! that's great. cheers guys :)
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