Start | School staff | Settings | Finance | VAT
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.