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How to define the VAT Rates by default?

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The Logistics and Cash Management module allows to configure the default values for VAT in specific operations:

  • Shipping/Other Services: Code that identifies the VAT rate to be applied by default in the sales document in the rows regarding the Shipping, Special Services and Discount in Value before VAT;
  • Intracommunity, Exempt and External transactions: Allows to identify the VAT code for these transactions;
  • Pro rata VAT: Fiscal years' pro rata rate.

To define the operations' default VAT rates, follow these steps:

  1. Access Administrator | Company | Business Application Foundation | Company Parameters | VAT Rates;
  2. Select the VAT rate for each of the operations;
  3. Click Confirm.
The handling of VAT taxable values only applies to Cape Verde and allows to define the item price on which the VAT rate will be based.