Adding and Editing VAT Codes in BigChange

  • Updated

Managing VAT codes in BigChange is essential for accurate financial reporting and compliance. This guide will walk you through the steps to add and edit VAT codes within BigChange.

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Navigating to VAT Codes

Accessing VAT Codes

To add and edit VAT codes in BigChange, follow these steps:

  • Select the Account icon in the top menu.
  • Navigate to Settings.
  • In the side menu, select Financial.
  • Select VAT Codes.

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Adding a New VAT Code

Steps to Add a VAT Code

  1. Select Add.
  2. Enter the VAT code (This will need to match you financial software if you use Sage or Xero for emaple)
  3. Enter the percentage of VAT associated with the selected VAT code.
  4. Enter a Description of the VAT code selected.
  5. Select Save.

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Editing an Existing VAT Code

Steps to Edit a VAT Code

  • Navigate to the VAT Codes section as described above.
  • Select the VAT code you wish to edit.
  • Update the VAT code, percentage, or description as needed.
  • Save your changes.

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Conclusion

Managing VAT codes in BigChange is straightforward and ensures your financial data remains accurate. By following the steps outlined above, you can easily add and edit VAT codes as required. For further assistance, refer to the BigChange Help Centre or contact support.

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