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VAT rates can be modified by the government. For example, a few years ago, the standard rate went from 19.6% to 20%.
Eurécia allows you to take these changes into account in future expense reports, in order to obtain correct VAT amounts.
Update the VAT rate
Access: New Admin area > Expense Reports > Ouvrir Zones TVA
- Click on a geographical zone of your choice to access the VAT rates it contains
- Enter an end date for the old rate
- Click the 'Ajouter une ligne' button to update the rate
- Enter a start date for this rate
- Enter the VAT account
- Save
- Repeat the operation for the other rates that have changed
Note: the change in the VAT rate is automatically reflected across all expense types affected by this rate.
Keywords: Expense reports · Reimbursement · Business expenses · business expenses · VAT rates · VAT · value added tax · current rate
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