1stBase Help

The following window is displayed when you select LookUp Codes - VAT Rates from the Maint Menu.

This must be a unique entry and is used in the Stock Master Maintenance window.

The VAT percentage to be applied when this code is assigned.

If checked then when you add a new Stock record the VAT Rate will be set to this entry.
NOTE: You should only set one Default VAT Rate. The first one encountered as Default will be selected by 1stBase, the others after it will be ignored.

The code used to identify the tax code to an external Accounts package when invoices are exported.

When you move to a previously entered VAT Rate the description text is locked to prevent accidental overwriting. Clicking this button unlocks the text.

If this is visible then the record has been marked for deletion and will not be available after the next removal of deleted records action.
(The 'Remove Deleted Records' function can be found in the maintenance menu.)