Payment Settings: VAT Codes
- VAT codes can be added to identify the VAT zone and whether or not the customer has provided a VAT number.
- This code is determined by your organisation and is purely an accounting reporting feature and is not your company's own VAT number
- For example, if your event has 3 VAT zones (European Union, Event Zone, Rest of World) and the event is UK based, you might create codes:
European Union - VAT_EU
Event Zone - VAT_UK
Rest of World - VAT_ROW
Using these codes you can accurately tag transactions to classify:
- which VAT zone was used
- Whether or not a VAT number was provided