In BEX PMS, you can create multiple VAT rates and apply them to cost items by linking them to the correct ledger accounts.
Creating a new VAT rate
Go to the 'VAT codes' menu in the Financial module. Click 'New' and enter a name, a code that is recognisable in your accounting software, and one or more rates with an 'In effect from' date. The ledger account that you add here, is the ledger account on which the VAT amounts will be registered.
Applying a VAT rate
When creating a new general ledger account or editing an existing one, you can apply or change a VAT rate. To do this, go to the 'Ledger accounts' menu in the Financial module.
Create ledger account
Assign ledger account