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Re: VAT Setup
- Subject: Re: VAT Setup
- From: Chris Travers <..hidden..>
- Date: Sat, 11 Apr 2009 09:38:22 -0700
On Thu, Apr 9, 2009 at 7:55 PM, Terrissa Evans <..hidden..> wrote:
> So, we are setting up a new business and needing a more powerful ledger. We
> like SQL Ledger and are looking at it now and it’s default chart of
> accounts. Would the next step be to configure Vat taxes?
> We are an IT Consulting business, 90% of our revenue is billable hours.
> Should we implement VAT?
Checking your web site out, you are here in the US, right?
You will want to set up sales tax according to your local rules.