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Thread: VAT and Pastel Cashbook

  1. #1
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    VAT and Pastel Cashbook

    Hi there, I am new to Pastel.
    Just a quick question.
    If I am capturing my cashbook and there is an item like Uber, how do I capture it properly? ie if there is vat involved I would select 1 (14%)in the tax column, but if there is no VAT, do I select 0 as the tax type? I don't want my VAT report to be wrong.

  2. #2
    Diamond Member Mike C's Avatar
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    Hi crobbertse123 - Yes. 01 if there is VAT involved and it is a "vatable" item ... and 00 if there is no VAT or if the item is not "vatable".
    People will forget what you said, people will forget what you did, but people will never forget how you made them feel. - Maya Angelou

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