Default VAT of Products

Default VAT of Products option set that your products that where added as text will have inserted default VAT rate when you are creating a new bookkeeping record. The value can be changed during the bookkeeping record creation.

Double-clicking Default VAT of Products in the list will bring up the items Global Setting card.

Field on the Global Setting Detail

The value field is intended for entering the adjustment value. You fill in the number that represents VAT rate in percent.

Clicking OK in the lower part of the Global Setting card saves changes and closes the card. If you wish to close the Global Setting card without saving any changes, click Cancel.