Simphony 1.x VAT Update process

The following procedure documents the VAT change from 14% to 15% effective from April 1st 2018 @ 12am.

In Simphony you have to update the new tax rate for each property.  

Tax Table

·       Highlight the property you want to modify and select Tax Table under the ‘Sales’ module.

·       Modify the Tax Collected name to ‘VAT 15%’ as well as the % column to 15% as below.

·       Click Save and close the Vat Table tab.

 

TAX Class

  • Highlight the property you want to modify and select Tax Class under the ‘Sales’ module.
  • Modify the ‘Name’ column to VAT 15%.
  • Click the ‘…’ button in the Definitions column and ensure that VAT 15% is selected.

  • Click Save and repeat the process for ALL the other properties.
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