Dear Kim & Kate
Can I please make a suggestion that VAT codes can be made inactive when no longer in use so that they do not appear within the VAT code dropdown menu when raising POs, sales & purchase invoices.
Due to our school falling under the partial exemption VAT rules, we are required to set up new PE VAT codes each time the PE percentage changes. We cannot use the same code as the previous VAT quarter because the audit trail is lost within ifinance (e.g. when running the VAT Audit Trail Report).
If VAT codes can be made inactive, only active VAT codes would be shown within the VAT code dropdown menus. We have a large number of non-finance staff raising POs within ifinance. It is complex enough to ensure the correct VAT code is selected for the PO without having an extensive list of defunct codes appearing within the list.
Thank you for considering this request
