Confirmation.com - Caseware Time | How to change the VAT rate
  1. Home
  2. Knowledge Base
  3. Caseware Time | How to change the VAT rate
FAQ

Caseware Time | How to change the VAT rate

Published:  14/03/2018
Ensure a backup of the file is made before completing the following steps:
  •  Go to File | Company Profile | Taxes Tab | Change the rate accordingly
  • Then select Yes when asked to "Change all client’s tax rates Y/N"
 User-added image
 
  • When you go to Bill from WIP, the Default Tax Rate would have changed.
 
User-added image

Please note: For old invoices even though default tax rate shows 15 %, the VAT calculated is based on what the VAT % was when the invoice was created. Old invoices should therefore not be edited as it will pull through new tax rate. If old invoices are edited then we advise to manually capture the VAT amount.
 

  Instructions:

How to change the VAT rate in Caseware Time
 
 Rate this article: 
  (Popularity = 0/100, Rating = 0.0/5)

   Related Articles

Audit International | 15 NP Misstatements
Caseware Time | How do I apply multiple VAT Rates to an Invoice?
Caseware Time | How to Add a VAT amount on an Invoice?
Probe | F15 - Core vs Extended
view all...


   Search Results

SOC 1 and SOC 2 Examinations
What does the Confirmation Control Log Report provide?
How many users can register on the Confirmation.com plaform within an audit firm?
What does the Completed Confirmation Report provide?
ISRS Agreed-Upon | Latest release
view all...


Didn't find what you were looking for?


Watch a video

Check out our helpful video guides

Contact Support

Contact our support team
Confirmation.com
For more information, visit: www.confirmation.com

Adapt IT logo

Quick Links


Knowledge Base
Privacy Policy
Security
Regulatory
Terms Of Service
Copyright © 2026 | All Rights Reserved