What is VAT Code?

VAT (Value Added Tax) is a tax applied to goods and services, and for some customers, it is necessary to apply VAT on specific categories of items or on every single item, to handle the economy of catering and additional services ordered for meetings. 

The VAT Code is typically a numeric identification number of a component that determines the VAT method and VAT rate to apply. 

In the AskCody Meeting+ Manager it is possible to manually type in a VAT Code that will appear in the CSV files of the settlements, to make the economy easier to handle in your separate Economy System. 

 

Related articles:

How to show VAT Code in Settlement CSV file? 

 

 

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