Learn how to set up and use the VAT feature in QuickBooks Online.
QuickBooks can automatically do the VAT calculations for you on your invoices and receipts for easy and accurate filings. Then, it lets you know when your tax payment is due, so you can file on time and avoid extra fees.
Before we go any further, please watch the short video below, which explains how to set up your VAT, add additional VAT codes, and help you get started with your taxes.
Note: In South Africa, a default set of VAT codes applicable to your regional tax system are automatically set up in your QuickBooks file.