Confirmation.com - Caseware Time | How do I apply multiple VAT Rates to an Invoice?

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FAQ

Caseware Time | How do I apply multiple VAT Rates to an Invoice?

Published:  03/04/2018

You would apply the below solution to choose between which rate to apply when creating an invoice.

Go to Company Profile | Taxes Tab

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Note that you will need to create a new GL account for the secondary Tax rate
In the Secondary Tax section click on GL account Number drop down | Chart of Accounts click New to create a new GL account
 
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Enter GL account No. and Description | click OK to save | Select the new GL account by double clicking or highlight and click on Select

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Click Yes (Time dialogue) | then Close (Company Profile dialogue) to save changes 

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Create a new invoice 

On the Invoice window you will notice that there are two VAT Rates applying to the invoice.

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To apply 14% Rate only, change the 15% Rate to 0.00 and press enter to save the changes. You will notice the total will change and only apply 14% VAT.
 
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To apply the 15% rate, change the 14% rate to 0.00 and press enter to save changes. You will notice that the total will also change 

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  Instructions:

How do I apply 14% VAT to old WIP and 15% VAT to only to new WIP on Caseware Time?
 
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