S27 - Stock Default VAT Rate Code (Stock Control Report Generator variable)
From Catalyst
Syntax
S27{S/G}
Description
The default V.A.T. rate code of the current stock line.
Parameters
- S/G
- A text parameter that can be omitted (it defaults to "S").
- S
- Stock.
- G
- Stock Group Header.
Returns
A numeric value whose typical size is 1 digit. There are up to 9 V.A.T. rates available to Platinum, the first four of these are usually configured as below.
- 1
- 20% (Standard Rate)
- 2
- 0% (Zero Rated - Book, Childrens Shoes, Items sold overseas etc.)
- 3
- 0% (Exempt - Essential safety equipment)
- 4
- 5% (Reduced Rate - Fuel etc.)