VAT Settings

This section will give you a brief overview about how you can configure and add VAT in Zoho Books.

• Configure VAT in Zoho Books
  • Enable Settings
  • VAT Rates
  • Add New VAT
• Edit VAT
• Delete VAT

Configure VAT in Zoho Books

You’ll have to configure your VAT settings by enabling VAT and setting up VAT rates in Zoho Books to get started. Here’s how:

Enable VAT Settings

To enable VAT settings for your organisation in Zoho Books:

• Click the Gear icon on the top right corner of the page and navigate to VAT.
• Check Yes against Is your business registered for VAT?
• Enter the VAT Registration Number and validate your PIN to authenticate your PIN number by the Kenya Registration Authority. .
• If your business involves in international trade (import or export outside Kenya), check the box Enable trade with contacts outside Kenya.
• Enter your VAT Registered On date and select when you want to generate your first VAT return from.
• Click Save.

VAT Rates

Once you’re done with the VAT Settings, the next step is to add VAT Rates, if required.

There are three default VAT rates:

• General Rate (16%)
• Reduced Rate (8%)
• Zero Rate (0%)

Add New VAT

To create or add a new VAT:

• Click the Gear icon on the top right corner of the page and navigate to VAT.
• Click the VAT Rates sub-module.
• Click + New VAT on the top right corner of the page.
• Fill in the VAT Name and Rate (%) in the New VAT page.
• Click Save.

Edit VAT

To edit an existing VAT:

• Click the Gear icon on the top right corner of the page and navigate to VAT.
• Go to VAT Rates.
• Hover over the VAT and click Edit.
• Click Save.

Delete VAT

To delete an existing VAT:

• Click the Gear icon on the top right corner of the page and navigate to VAT.
• Go to VAT Rates.
• Click the Trash icon on the right side of the VAT to delete.
• Click OK.