What’s the difference between active and inactive VAT rates?
When creating or editing your VAT rates, you can set them as either Active or Inactive.
Go to Settings -> Invoice and click the Edit link under 'VAT Rates' to open the Tax Rates modal. In the modal, you will see the text "Inactive" next to any inactive VAT rates:
When editing and creating rates, a green tick in the 'Active' box means that a VAT rate is currently Active:
And a greyed out tick means it is Inactive:
The consequence of this...
Active rates will appear in the VAT dropdown list when creating an expense or an invoice, Inactive rates won't:
You can't delete a VAT rate, but making it inactive will remove it from dropdowns when selecting VAT. You can then activate it anytime again, if needed, without having to recreate it.
Go to Settings -> Invoice and click the Edit link under 'VAT Rates' to open the Tax Rates modal. In the modal, you will see the text "Inactive" next to any inactive VAT rates:
When editing and creating rates, a green tick in the 'Active' box means that a VAT rate is currently Active:
And a greyed out tick means it is Inactive:
The consequence of this...
Active rates will appear in the VAT dropdown list when creating an expense or an invoice, Inactive rates won't:
You can't delete a VAT rate, but making it inactive will remove it from dropdowns when selecting VAT. You can then activate it anytime again, if needed, without having to recreate it.
Updated on: 24/07/2024
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