 BUSINESS 4NETWORKING [VAT changes] |
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Posted on 29th Nov 2008 at 11:43
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Posted on 29th Nov 2008 at 14:29
Denis is working on ours as we speak! 4N will be doing the same for the online membership payments.
Karen Thurley (RN)
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Posted on 29th Nov 2008 at 14:48
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Posted on 29th Nov 2008 at 16:36
All existing orders in the system had to be changed one x one. All future orders will now be at the new rate. It won't seem long before you are changing it all back again - probably to 20% though.
Garry Hartley
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Posted on 29th Nov 2008 at 16:42
Quote:
I am currently changing my Logistics ecommerce website VAT from 17.5% to 15% and it is taking ages as each line must be changed - anybody else having to do the same?
Ideally the site would not use 17.5% as a VAT figure but would use something like Std as the VAT allocation with a look up table so that all you would have to do is change the Std VAT rate to 15% and it is then applied to all items with std VAT...
If you do have to change each item idividually then your web developer should be able to script it for you which is much quicker.
Quite a number of our clients are keeping the price the same and gaining the difference where they have set the site up as Inc VAT prices but some are passing it on.
We are running scripts for clients with very old sites late Sunday but nowhere have we needed to change it by hand.
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Posted on 30th Nov 2008 at 08:49
Paul
The risk with that is that if you genertate a historic sales report it will also change all the historiuc data as well. Thus for web orders you should only change that at midnight tonight. Not a problem if everything is std rate, but if you have zero, exempt, reduced and standard can be trickier
Graham Smith Business Services
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Posted on 30th Nov 2008 at 11:51
Maybe I am missing an intricacy, but my Quickbooks-linked reservation system only seems to require me to change one field tonight at midnight!
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Posted on 01st Dec 2008 at 09:12
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Paul
The risk with that is that if you genertate a historic sales report it will also change all the historiuc data as well. Thus for web orders you should only change that at midnight tonight. Not a problem if everything is std rate, but if you have zero, exempt, reduced and standard can be trickier
This is refering to product VAT rates - Historic data is always left at the rate stamped into the database at the time - All our scripts were run at Midnight last night - Not by me though!
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Posted on 01st Dec 2008 at 12:01
for me would have been one field to change too except that I have lots of stuff at 0% so couldn't do a global change. took about an hour so I prbably got off lightly
Simon
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