VAT Changes and how to implement them in Sage 200

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In order to ease the economic strain, the UK Government announced that it will change UK VAT from 20% to 5% for hospitality, holiday accommodation and attraction admissions starting July 15th 2020 to January 21st 2021. This video tells you everything you need to know about VAT in Sage 200:

  • Creating a new VAT Code.
  • Amending VAT Defaults in the Sales and Purchase Ledger, including how to manually export/import.
  • Amending Defaults in Stock, including manually exporting and importing data.
  • Sales Order Processing and Purchase Order Processing considerations

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