S27 - Stock Default VAT Rate Code (Stock Control Report Generator variable)

Syntax

S27{S/G}

Description

The default V.A.T. rate code for this 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 currently 4 V.A.T. rates available to Platinum, these are usually configured as below.

1

17.50% (Standard Rate)

2

0% (Zero Rated - Book, Childrens Shoes, Items sold overseas etc)

3

0% (Exempt - Essential safety equipment)

4

0% (Spare)