Skip to main content

How to update VAT/GST/sales tax settings in a forecast

How to change the default VAT/GST/sales settings

Written by Futrli Support

When you create a forecast, you can change the default settings around VAT/GST/Sales tax for this specific forecast.

  1. In the forecast, click Controls in the top left.

  2. In the dropdown, click Settings.


    The settings then appear to the right.

From this page, you can update the following:

  • If the organisation in question is liable for VAT/GST/sales tax

  • The VAT/GST/sales tax scheme: Cash or Accrual based

  • The VAT/GST/sales tax control account

  • The VAT/GST/sales tax frequency

  • The end of the VAT/GST/sales tax period

  • The default VAT/GST/sales tax rate

  • VAT/GST/sales tax payment terms

Any change made will impact the specific forecast in question and any prediction created from it.

Did this answer your question?