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Mar 31, 2020 10:51 AM UTC
Question

Hi everyone. I am really new to QB & just setting up my bank Acct. Its asked for a default VAT rate? Is this the standard 20%. Im a charity so my vat varies.

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1 reply

Mar 31, 2020 1:33 PM UTC

Hi farmgirlkent69

 

Just leave it blank, save and close, this will then allow you to choose your VAT rate every time you create a transaction.