Fields in this window
VAT Information window

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Code column

This column displays the VAT code assigned to the current transaction.

Rate column

This column displays the VAT rate associated with the VAT code displayed in the Code column.

VAT rates are assigned to codes in the VAT Code Information window.

Net Amount column

This column displays the subtotal of the transaction on which the VAT amount is based.

VAT column

This column displays the amount of VAT assigned to the current transaction. This amount is determined by multiplying the VAT rate by the subtotal of the transaction.

If you wish to change the VAT amount, you can do so. After you've changed the VAT amount, click the OK button.

Total

This field displays the total of all amounts in the VAT column.

Recalculate button

Click this button if you want to recalculate the VAT amount based on the VAT code displayed in this window. The VAT amount will return to its original amounts.

Use this button only if you've previously changed the VAT amount in this window and you want to return the amount to its original amount.

OK button

Click this button when you're done viewing the information in this window, or when you've changed the amounts in the window and want to record your changes.