Add to Favourites

Set Up Stock Groups

When multiple stock items have the same VAT treatment, you can group them under a stock group and define the VAT details at the group level. This helps you manage taxability efficiently without updating each stock item individually.

If the required stock group already exists, you can alter it and update the VAT details as needed.

In the Stock Group,

1. Press F12 (Configure) and enable Set VAT details.
2. Enable Set/Alter VAT details.
3. Specify the Taxability and Tax Rate applicable to the stock group.
   If these details have already been defined at the company level, they are displayed automatically. You can select Exempt or Zero Rated as the Taxability, as applicable.
4. Provide the other required details and press Ctrl+A to save.