How to add VAT on my Sale deal?

How to add VAT on my Sale deal?

Adding VAT to your sale deals in PropSpace is a process. Follow the steps below to ensure VAT is correctly applied to your commission.

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  1. To enable VAT, go to the Admin screen, click Profile, and select Yes for Enable VAT .



  2. From the Work Screen, select Deals and click New Deal. In the Deal Information section, select Sale as the deal type.
  3. Input all the requested information in the Deal Information, Payments, and Unit Details sections.
  4. Tick the box for Include VAT. The 5% VAT and the Total (Gross Commission + VAT) will automatically show.



  5. Click Save Deal. A reference number will be automatically generated. 
Once the VAT is added to your sale deal, the process is complete. This ensures that the required VAT is accounted for automatically, making it easier to manage commissions and ensure compliance with regulations. If you need further assistance, feel free to reach out to PropSpace support.