To configure VAT Codes, you must have the following role:
- Acquisitions Administrator
- General System Administrator
You can configure a VAT code to establish a VAT percentage that can be assigned to an invoice or invoice line, instead of manually entering a VAT percentage or amount on the invoice/invoice line level. The VAT code is selected on the Invoice Details page when configuring an invoice (see the Invoice Details Page Fields table in Creating Invoices), and on the Add Invoice Line page when configuring an invoice line (see the Add Invoice Line Dialog Box Fields table in Creating Invoices).
You configure VAT codes on the VAT Percentage Codes mapping table (Acquisitions > Acquisitions Configuration > Configuration Menu > Invoices > VAT CodesConfiguration Menu > Acquisitions > Invoices > VAT Codes). For more information about mapping tables, see Mapping TablesMapping Tables.
VAT Percentage Codes Mapping Page
When adding a new VAT percentage, enter a numerical percentage and description of this percentage.