4POS Support

Please login or register.

Login with username, password and session length
Advanced search  

News:

4POS voucher numbers now activated online only! No more sms options. No more CD keys. No exceptions.

If you have installed 4POS & it prompts you for a CD key - you need to download & install the NEW 4POS version. CD keys are no longer used or supported & NO, we cannot make exceptions....

Author Topic: How to change the VAT / TAX rate or percentage in 4POS  (Read 4374 times)

0 Members and 1 Guest are viewing this topic.

Admin

  • Administrator
  • Sr. Member
  • *****
  • Posts: 402
How to change the VAT / TAX rate or percentage in 4POS
« on: January 23, 2014, 02:34:06 PM »

A lot of our customers want to know how to change the tax rate in 4POS.

1. 4POSBackoffice - Stock create / edit
2. Amend stock by detail
3. Double click on any item
4. Click on the square with 3 dots next to TAX
5. Double click on Standard rate
6. Change the % to your percentage (Eg. 15.00) or zero if you are not registered for TAX / VAT
Logged

Tricky

  • Newbie
  • *
  • Posts: 39
Re: How to change the VAT / TAX rate or percentage in 4POS
« Reply #1 on: January 25, 2014, 08:19:04 PM »

Hello,
How about setting up or changing the markup percentage?
Logged

Admin

  • Administrator
  • Sr. Member
  • *****
  • Posts: 402
Re: How to change the VAT / TAX rate or percentage in 4POS
« Reply #2 on: January 28, 2014, 10:19:12 PM »

Once again - asked & answered!

http://www.4pos.co.za/support/index.php/topic,294.msg504.html#msg504

Please use the search.....


Logged

Admin

  • Administrator
  • Sr. Member
  • *****
  • Posts: 402
Re: How to change the VAT / TAX rate or percentage in 4POS
« Reply #4 on: February 22, 2018, 11:09:23 AM »

In South Africa you would need to change the VAT % to 15% on the 1st of April 2018.

Coincidence that it is April Fool's day?

Follow the steps as explained here. If, of course you are using the clever 4POS matrix pricing, that is all you would need to do & then run an update...

If however, you are not.... You would need to change all your pricing manually as you will now be paying 15% of turnover & not the 14% you used to calculate the selling prices....

Take care as it is R1,000 out of every R100,000 that you can lose!
Logged

Admin

  • Administrator
  • Sr. Member
  • *****
  • Posts: 402
Re: How to change the VAT / TAX rate or percentage in 4POS
« Reply #5 on: March 13, 2018, 05:26:25 PM »

In the next few days we will be developing a VAT utility to increase all your "Price Override" items - that is items that has a Override price on the system with 1%

This utility will only run on the SQL version of 4POS - version 18.3.7.20 ....

We will cater for the normal rounding rules on the utility eg. Round items to the closest 10c etc.

More info to follow soon....
Logged

Admin

  • Administrator
  • Sr. Member
  • *****
  • Posts: 402
Re: How to change the VAT / TAX rate or percentage in 4POS
« Reply #6 on: March 26, 2018, 12:56:06 PM »

After deliberation & discussing with many of our customers, it has been decided that this is simply not a good idea...

R9.99 would become R10.09...

R56.99 would become R57.49?

Most customers would effect the changes manually as part of a normal price increase & simply not do a global 1% increase...
« Last Edit: March 26, 2018, 01:16:39 PM by Admin »
Logged