Dynamic VAT

Solution Features

Dynamic VAT automates value added tax calculation in opportunity products, quote products, order products and invoice products.

Add multiple VAT Profiles: Create and apply multiple profiles for your customers if you operate in multiple locations.

Add VAT at the organisation level: Add a default VAT rate to be used for all products. This rate will be used in opportunity products, quote products, order products and invoice products if the product selected has no rate defined at the family or product level.

Add VAT at the Product Family level: Add a default VAT rate to a family of products. This rate will be used for all products belonging to this family even if there is no rate defined at the product level overriding the organisation rate if it exists.

Add VAT at the products level: Add a default VAT rate to each product. This rate will be used whenever the product is selected overriding the family and organisation rates if they exist.

Add VAT to write-in products: Define whether the default VAT rate specified applies to write-in products.

Inherit VAT from Parent Product: Define whether the VAT rate of an existing product is taken from the Parent Product hierarchy when the Product itself has no Rate.

Exempt Customers from VAT: Define whether customers are VAT exempt or not.