Payment Settings: VAT Codes
VAT codes can be added for reporting purposes to identify the VAT zone, and whether or not the customer has provided a VAT number.
Warning ⚠
The VAT code is determined by your organisation and is purely an accounting reporting feature. This is not your company's own VAT number.
For example, if your event has 3 VAT zones, you could create the following codes codes:
| Zone | Example VAT Code |
|---|---|
| European Union | VAT_EU |
| Event Zone (UK) | VAT_UK |
| Rest of World | VAT_ROW |
Using these codes you can accurately tag transactions to classify which VAT zone was used, and whether or not a VAT number was provided.
Once VAT codes have been set up, you can choose to include this field in your Custom Reports.
Note 🗒️
To learn more about Custom Reports, click here.