2.01.08 Value-Added Tax

The “Value-Added Tax” form administers the percentile for the country-specific value-added tax. These rates are pulled-up for issuing proposals and issuing invoices (see also offer and invoice). Furthermore, these rates are of importance for registering the vouchers in the module Registration.

Tip: Further information on this topic can be found in chapter 3.11.02 Administration of Key Data.

The document type contains the following elements:

• Value-Added Tax: This alphanumeric field specifies the type of value-added tax for the defined country. Here the charastics “Full”, “Half” and “Free” are possible.
• Date: This date specifies the validity date of the value-added tax. While changing the value-added tax during the course of a project, both tax rates (dependent upon the time period) will be considered.
• Description: The field “Description” allows for the description of the value-added tax and has an informal character.
• Country: This field designates the value-added tax to the country where it is valid. The countries can be defined and changed in “Collections”. Within the system the value-added tax is set by default (see also Document Type Configuration).
• Tax Rate: Through entering a numerical value here, the percentile of the value-added tax will be defined.