Labels:clock | crt screen | dialog box | monitor | sky | window OCR: This is the VAT code letter or number that tells Quicken what VAT percentage rate use when calculating the VAT on transaction or item. You cannot edit these codes but you can change the percentage rate and description for each code Edit VAT Rates Percent Description Percent Description Done 0.00 Exempt 0.00 0.00 Zero Bated 0.00 Cancel 17 .50 Standard 0.00 0.00 0.00 Help 0.00 0.00 Use this code for non -VAT inputs such FT purcha tes from non- registeted businesses Percent means the Enter up to 12 charact ters to describe the VAT rate This percentage the net description for your own convenience only appears price an item that in this table and your VAT surmmary reports must be paid additionally VAT. wher Descriptior xempt purchases characters summary