[Question] Setting up VAT codes and Tax Boxes in Pastel

[thorpie]

Hi All,
I have only worked on pastel for a school, so no VAT, recently I have started doing books for a coffee shop, some of the suppliers are zero rated, how would I set these up in Pastel, when I run the Tax manager report it gives an error message saying that box 22? is Tax in wrong box, must I rename box 22 ? I am very confused.... if anyone has any advise it would be appreciated.
Thank you

[Mike C]

Hi thorpie. Not sure whether this will help but here is our Box setup:
1. Output
2. Zero Rated
3. Exempt & non-suppl
4. Output Capital
12. Other Output Tax
13. Total Output (Radio button on "Combine other boxes") Formula = 1+2+4+12
14. Capital Goods
15. Input Tax
17. Bad Debts
18 Other Output
19. Total Input Tax (Radio button on "combine other boxes") Formula = 14+15+17+18
20. VAT (Pay)/Refundable (Radio Button on "combine other boxes") Formula = 13+19
25. Miscellaneous

[thorpie]

Hi thorpie. Not sure whether this will help but here is our Box setup:
1. Output
2. Zero Rated
3. Exempt & non-suppl
4. Output Capital
12. Other Output Tax
13. Total Output (Radio button on "Combine other boxes") Formula = 1+2+4+12
14. Capital Goods
15. Input Tax
17. Bad Debts
18 Other Output
19. Total Input Tax (Radio button on "combine other boxes") Formula = 14+15+17+18
20. VAT (Pay)/Refundable (Radio Button on "combine other boxes") Formula = 13+19
25. Miscellaneous

thank you, this does help, are you able to also maybe send me a screen shot of the box layout specifically the purchases DB and Cr ?? if you wouldn't mind.

[Mike C]

Hi thorpie.

Here are the Percentages:

[Mike C]

And here are the box layouts: