This is an optional step for the process of setting up VAT on your account and is only necessary if you require VAT override of a percentage or 0% for a category of inventory items. If necessary, a VAT % override can be set per account code which is linked to an inventory category. Navigate to the Account Codes option from the Admin menu. Add a new account code or update one of the existing account codes.
Step 1: Enter a percentage override percentage for the selected account code:
Step 2: Select the Save button to update the VAT% override.
This VAT % will replace the existing organisation VAT % but only for the inventory category linked to the account code.
