Posts tagged [V18 Upgrade]
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Sage Pastel VAT Upgrade Installations
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