Changing the VAT Rate in GA2 / GA3

To change the VAT rate you will need to perform the following steps.

1. Login with administrative privileges
2. Goto the Admin Area
3. Click on Setup Wizard
4. Click on Step 7, Vat and Year End
5. Change the VAT rate to the new rate 
6. Click on close setup wizard

So, How will this affect existing documents ?

 1. Any new documents you create will automatically carry the new VAT rate from this point.

2. Any existing documents, created before the change, will remain with the old VAT rate (15%)

3. If an existing invoice created before the change exists on your system, which has NOT been printed or issued, then GA2/GA3 will initially leave the VAT rate at the old rate (15%)

However when you click on issue invoice, GA2/GA3 will check to see if the VAT rate has changed. If it has, then GA2/GA3 will give you the opportunity to update to the new VAT rate before presenting you with the payment screen, or printing.

At this point, the VAT will recalculate using the new rate and will reflect on the document.