/
VAT

VAT

Owned by Tatiana Kasperovich (Unlicensed)
Last updated: May 10, 2023 by GP Support Admin
2 min read

In the VAT subsection you can configure whether it’s necessary to add VAT to prices or not. Here you can set the logic separately for total price and for commission.

Before you can add VAT to contracts, you need to configure VAT plans in advance within the Finance part of the system.

To add the VAT plan to the contract,

  1. Go to the contract, tab VAT.

  2. Click Edit to switch to editing mode.

  3. Select the required VAT plans for total price and commission.

  4. Whether VAT should be applied or not

There is a possibility to add and apply VAT for commission during search&book in API. 

The calculation of commission with VAT is following:

Example (Travel Agent with commission with VAT)

  • Supplier price = 100 EUR

  • Client price = 120 EUR

  • Travel Agency commission (10%) = 120 EUR * 10% = 12 EUR (commission with VAT included)

  • Commission VAT 10% = 12 EUR * 10% VAT = 1.2 EUR

5. Click Save.

For further information on how to configure VAT plans, please refer to Payment Settings .