Create a VAT category

Before you proceed

Before you create a VAT category, make sure that all required VAT rates (that is, those to be added to the VAT category) have been created in the system.

  1. Go to the VAT categories (TX205500) window.
  2. In the VAT category ID field, enter the unique ID for the VAT category being created.
  3. Optional: In the Description field, enter a clear and detailed description of the VAT category.
  4. Optional: Select the Active check box to activate this VAT category in the system, so you can assign this VAT category to a stock item on the General settings tab of the Stock items (IN202500) window and a non-stock item the General settings tab of the Non-stock items (IN202000) window. If this check box is cleared, the VAT category is not available for selection.
  5. In the table, add a row.
    In the VAT ID column, select a tax that you want to assign to the VAT category being created.
    (The system fills in the other columns of the row automatically once you select the VAT.)
    Repeat this step for each tax that you want to add.
  6. Click .

The VAT category is now created in the system.
Now you can specify this VAT category for each existing stock item on the General settings tab of the Stock items (IN202500) window and for each existing non-stock item on this tab of the Non-stock items (IN202000) window.

Parent topic:About VAT categories