VAT Screen

Select VAT Tax in Preferences to activate the VAT tab in the in the work-record which enables the Artsystems Pro user to select the applicable VAT status of the work such as Standard Rate VAT, Margin-Scheme VAT, Export VAT, and ARR accounting calculations and reporting.

Open the Work record and note the VAT tab now appears in the TAB Panel next to References.

1. For Mac users select Artsystems Pro> Preferences from the menu, for Windows users select Edit> Preferences from the menu.
2. Click Modules>Transactions.
3. Check the VAT Tax box to enable this option.
4. Continue by adding your own VAT# or close the Preferences Screen to save the selection

• see also Related Lists on how to set up the VAT types.

Show Accounts enabled

When the Show Accounts is enabled ( see also Preferences) the Account fields appear in the following locations:

• ARR Cost: Works>VAT Tab (when VAT is enabled)
• Import VAT: Works>VAT Tab (when VAT is enabled)