Page Comparison

Standard rate

S

Invoice has a VAT percentage higher than 0%. Standard rate is the default category when creating a new sales invoice.

• Seller VAT-ID is required.

Higher than 0%

✅

Zero rated goods

Z

Invoice item has 0% tax according to the local legislation.

• Seller VAT-ID is required.

0%

✅

Exempt from tax

E

Seller or invoice items are taxes not applicable for tax.

• Seller TAX or VAT-ID is required.

• Tax Exemption Reason must be provided.

0%

✅

VAT reverse charge

AE

Standard VAT rate is levied from the invoicee (customer).

• Seller VAT-ID is required.

• Tax Exemption Reason must be provided.

0%

✅

Services outside scope of tax

O

Taxes are not applicable to the services.

• Tax Exemption Reason must be provided.

Must be empty

Not required

VAT exempt for export outside of EU

G

Invoice item is free export and taxes are not charged.

• Seller VAT-ID is required.

• Tax Exemption Reason must be provided.

0%

✅

VAT exempt for supply inside of EEA

K

Invoice item is VAT exempt due to an intra-community supply in the European Economic Area.

• Seller VAT-ID is required.

• Tax Exemption Reason must be provided.

• Actual delivery date.

• Deliver to country code

0%

✅