Results 1 to 3 of 3

Thread: Set-up Vat in Pastel

  1. #1
    Bronze Member Elijah's Avatar
    Join Date
    May 2012
    Location
    Cape Town
    Posts
    129
    Thanks
    28
    Thanked 26 Times in 21 Posts

    Set-up Vat in Pastel

    Hi All

    Would like to know what the best approach is: I have a client running a retail company, which is not Vat registered and they only intend to register for Vat if/when compulsory. Do I choose the No Tax/Vat option in Pastel under Setup -- Tax -- General Settings. And then if 2/3 years down the line the company has to compulsory register for Vat, just change the option to the Vat Option. Is it as simple as that or am I missing something.

    Many Thanks
    Elijah

  2. #2
    Platinum Member Neville Bailey's Avatar
    Join Date
    Nov 2010
    Location
    Morningside, Durban
    Posts
    2,376
    Thanks
    35
    Thanked 393 Times in 340 Posts
    Yes, it is as simple as that!
    Neville Bailey - Pastel Accounting Consultant and Photographer
    neville@accountingsoftwaresupport.co.za
    www.accountingsoftwaresupport.co.za
    View Neville Bailey Photography

    *** 20% DISCOUNT ON PASTEL XPRESS / PARTNER SOFTWARE UNTIL 15 DECEMBER 2017 ***

    "Give every person more in use value than you take from them in cash value."
    WALLACE WATTLES (1860-1911)

  3. Thanks given for this post:

    Elijah (11-Feb-13)

  4. #3
    Bronze Member Elijah's Avatar
    Join Date
    May 2012
    Location
    Cape Town
    Posts
    129
    Thanks
    28
    Thanked 26 Times in 21 Posts
    Thanks Neville, much appreciated

Similar Threads

  1. [Question] Pastel on Mac
    By Martinco in forum Accounting Forum
    Replies: 6
    Last Post: 14-May-15, 06:05 PM
  2. [Question] Pastel v11
    By Clinten in forum Accounting Forum
    Replies: 4
    Last Post: 10-Jan-13, 08:36 AM
  3. Replies: 2
    Last Post: 14-Apr-11, 11:22 AM
  4. [Question] Pastel
    By Martinco in forum General Business Forum
    Replies: 5
    Last Post: 19-Jan-11, 08:38 AM

Did you like this article? Share it with your favourite social network.

Did you like this article? Share it with your favourite social network.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •