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VAT

In the VAT window you can define the VAT (value added tax) values that your school uses. VAT is a locale specific parameter of product and invoice rows.

VAT has the following parameters:

Field Description
Name Multilingual short name of the VAT value. This title is displayed in the header of the invoice rows.
Description Multilingual description of the VAT value. This title is displayed in the VAT summary section of the invoice rows.
Value Decimal value between 0 and 1.
Code Locale of the VAT. Different countries have different VAT values.
Active Checked if the VAT value is still valid.

Use the buttons to edit the data in the list.