VAT groups

Under this tab you can see, modify, and add VAT groups. A VAT group indicates which type of (tax related) trade you have with your customers and suppliers, for example domestic, EU, export, etc.

You link each VAT group to a VAT code. The system will then automatically suggest a VAT code on the order/invoice depending on the selected VAT group. VAT groups are entered for customers and suppliers. However, the VAT code can be changed per order/invoice.

VAT group

Here you will see/enter the VAT group's number.

Name

Here you can write a descriptive text as a name. Name texts are entered in the company language and are displayed in the user’s language.

Translations

By using the button Translations you can translate the text to the different active languages registered in the system.

Default VAT code

Here you select the VAT code that should apply to the VAT group.