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VAT TAX SYSTEM
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The VAT tax system, which stands for Value Added Tax, is most commonly used in Mexico and European Countries. With VAT
tax, the tax amount is already included in the price of the item, yet the tax amount will also be printed as a separate item on the
itemized receipt. Up to 4 VAT tax rates can be programmed.
To choose the VAT Tax System, please complete the following:
a.Enter the Program Mode: Move the Control Switch to the "PRG"
position.
Step 1
: Type
[3]
, type
[2]
, then press the
[R/A]
key to set the register for VAT Tax System.
Step 2
: Program the VAT Tax Rate as follows:
[TAX #] + [tax shift] + [TAX RATE] + [amt tend/TOTAL]
1-4 0 - 99.999%
Example: Program a VAT Tax 1 rate as 15%:
1.
If needed, enter the Program Mode: Move the Control Switch to the "PRG"
position.
2. Type
[1]
, press
[tax shift]
, type the tax rate as
[15000]
, then press
[amt tend/TOTAL]
.