VAT Rate: Tax Rate History Section
In this section, you enter the relevant rate in % and the date on which it takes effect.
Rates are added as line items.
To add a new line item, click the +Add new button above the table used for listing added line items.
Line Item Fields
Line item is made up of the following fields:
Date when the rate starts to apply.
VAT rate in %.
In case of changes in the VAT rate, you can add new rates that will be used for directories/ documents and triggered transactions that have later date and time than the rate change date.
For more information about maintaining VAT rates, see Manage VAT Rate Changes.