| | VAT defaults in Sage Accounting |
| Description | To make sure you're using the correct VAT rate, set the default VAT rate for things you use often. For example, products and services or ledger accounts. |
| Resolution | Set up VAT defaults in Sage Accounting Products and Services▼ Set a default VAT rate on a product or service. For example, if you sell children's clothes, set the VAT rate to Zero rated. When you enter transactions using these products or services, Sage uses the VAT rate you set here. You can still change this when entering an invoice or credit note, if required. - From Products and services, open the product or service from the list.
- From the dropdown list, choose the correct VAT rate.
Ledger Accounts▼ Set a default VAT rate on ledger accounts. When you enter transactions and select this ledger account, Sage uses the VAT rate you set here. You can still change this when entering transactions, if required. - From Settings, then Business settings, select Chart of accounts.
- Open the ledger account from the list.
- From the dropdown list, choose the correct VAT rate.
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