You can change/add VAT-Rates under Setup -> Financial -> Tax-Rates. To adhere to all official regulations, you have to implement all tax-rates that are used throughout your restaurant e.g. in Germany 19% & 7% if you serve food and drinks. Following you can see the general way to navigate to the tab Tax-Rates.
If a new tax-rate is added you can change the following options.
- Name: Enter the name of the tax-rate here. (E.g. 19 % VAT.)
- Value: Enter the value of the tax-rate here
- Additional Options: The options Tax-Account/Account are only relevant if you are using the DATEV-Export with your cloud
You can see how a fictional tax-rate is added here: