Change VAT rate (window)

Economy > VAT rates > Change VAT rate

This window is used to switch to a new VAT rate. The desired new VAT rate must first be created. For more information, see Registering VAT rates.

Function	Explanation
From VAT	Displays the VAT rate that is to be updated.
To VAT	Select the new VAT rate.
From date	Indicate the date from which the new VAT rate will apply. It is not possible to schedule the change for a future point in time. It is only possible to change the VAT rate from the current date or from a date in the past.
Accept	Click on the Accept button to change to the new VAT rate (which was entered in the To VAT field above). What happens when the VAT rate is changed is described in Registering VAT rates. The new VAT rate is applied from the date specified in the From date field.
Cancel	The dialogue box closes and no changes are saved.

Reference Materials