The master table containing VAT rates is used to link VAT rates combined with countries to products in the product card.
The following fields are available:
| Code | Unique code of this VAT rate. |
| External code | In case of integration with external systems (such as PIM systems), the code from that system can be stored here. Synchronization can then be maintained based on this field. |
| Export code | When exporting VAT rates to other applications, this field can be exported instead of the code field. |
| Description | Description of this VAT rate. |
| Percentage | Percentage of this VAT rate. |
| VAT exempt | Indicates whether this is a VAT-exempt rate. There is a functional difference between 0% VAT and VAT-exempt. This distinction is especially important for integrations with financial applications and is therefore an important reason for this field. |
| Country | The country associated with this VAT rate. |
| VAT payable ledger account | The ledger account on which VAT payable must be booked for sales. |
| VAT receivable ledger account | The ledger account on which VAT receivable must be booked for purchases. |
| Revenue ledger account | The ledger account on which revenue (including or excluding VAT) must be booked for sales. Whether the booking is made including or excluding VAT depends heavily on the financial integration used and the corresponding integration settings in RetailVista. |
| Non-revenue ledger account | This field has the same purpose as the revenue ledger account, with the exception that it is used for booking non-revenue. Examples include sales of gift cards or other non-revenue products. In the product card there is a field called revenue, which indicates whether the product is considered revenue or not. |