This feature is available for ictime version 5.2 and higher. |
If you are using invoice creation with ictime (see Charge Work Logs - Create Invoice), you need to manage your VAT rates here in order to have them available when creating an invoice.
Field | Description | Remarks |
---|---|---|
Name | Name | Mandatory. Name is displayed in VAT dropdowns. |
Value | Rate (a number - do not enter the "%" symbol here) | Mandatory. Value can be 0. |
Valid From | Start of validity. | Optional. |
Valid To | End of validity. | Optional. Used in case a VAT rate changes. Rates will no longer be available during the process of invoice creation if the validity period has ended. |
When editing the VAT rate, you can no longer modify the value.
You can only delete VAT rates that have not been used in an invoice yet.