Sage Pastel VAT Upgrade Installations

 2018-03-29 02:10 PM by

South Africa will see its first VAT rate increase for the first time in 25 years on 1 April 2018.

The effective VAT rate will rise from 14% to 15%.

Regardless to say, an increased VAT rate necessitates a change in your current accounting system.  As per the linked documents (below), this is not a simple change as there are timing & default settings to take into account, such as forced tax types, recurring batches & tax box report changes.

As a Sage Pastel Cover client, Sage Pastel have developed a build upgrade for Versions V14, V17 & V18, to make the change-over easier.

Build updates:

Sage Pastel Partner / Express Upgrade Utility Step-by-Step Instructions

V18.2.1 VAT Upgrade - Partner Full Install | Xpress Full Install

V17.1.5 VAT Upgrade - Partner Full Install | Xpress Full Install

V14.2.2 VAT Upgrade - Partner Full Install | Xpress Full Install

 

To read and download all additional information, including SARS Guidelines, Manual VAT Change-over Instructions for End-of-Life Packages, Check List etc, Click Here