iGo VAT mode is a setting in 365 Accounts allowing you to select a chosen VAT mode for your iGo accounts.
To enable this setting:
- In 365 Accounts, select Corporate or Kickback account from the Accounts drop-down menu.
- Select an account from the list, double-click the table row to edit the account.
- In the account modal, navigate to General.
- Under Cab Exchange Options, locate the property iGo VAT Mode.
- Select your VAT mode from the options:
- Add VAT on Cost and Profit - Applies VAT to Cost and Profit separately.
- Add VAT on Price - Applies VAT on Price Only.
- Add VAT on Profit - Applies VAT on Profit.
- None
Note: Profit is the difference between price and cost.
Important: This setting is specifically for applying the VAT mode to the job at the time of booking, not afterwards when invoicing.
6. Ensure you save any changes.
If an aggregator requires an invoice, instead of paying directly into the wallet use the Job Processing tab to set up the applicable properties. For more information, see the Job Processing section in the article Configuring Corporate Customers.
Please note, we currently do not have equivalent modes for every iGo VAT mode:
- Add VAT on Cost and Profit = No equivalent mode.
- Add VAT on Price = Included in job price.
- Add VAT on Profit = No equivalent mode.