Temporary VAT rate change

The standard rate of Irish VAT will be temporarily reduced from 23% to 21% for a six-month period from 1 September 2020 to 28 February 2021

The following steps need to be taken at the end of your last trading day in August 2020. The dayend routine will need to have been completed prior to proceeding with these steps.

For "Live on line" and APOL sites, this routine can be ran once centrally. For communicating sites, this routine will need to be run at each branch location.

Step 1 - Run consolidated invoices

if you run Consolidated invoices you MUST finalise these prior to the VAT rate change.

Step 2 - Change VAT codes

To access the VAT rates, select Database - General Codes File Maintenance from the main menu.

  • Amend Code 1 to 21%
  • Change any other 23% codes to 21%
  • Please remember to also amend the EEC Tax Rate on the relevant VAT Codes from 23 to 21 before taking the VAT read off the VAT return report for periods relating to the temp VAT rate change
  • create new VAT codes to be used for the old 23.00% VAT standard rate e.g. Code 7 -Description Old 23.00% 2020, rate 23.00, Code 8 - Description -23.00% Old 23% 2020 non-Resale-Rate 23.00. Please note these are sample codes only. It does not matter what the new V.A.T codes are as long as the rates and descriptions are correct.
  • Once you have made the changes, click Update/2 to save changes

Step 3 - Quit and reload

Quit and reload Merchant and Ledgers (File->Quit from main menus) on all machines including server.

Note - do not use the X to close the program 

Please note that if you do not close and restart THE MERCHANT AND LEDGER PROGRAMS on all machines then you run the risk of issuing dockets at the incorrect vat rate.

Purchase Ledger

We advise all customers to get your purchase ledger up to date as much as possible before the vat rate changeover.

Please remember that after the vat rate has changed if you are entering transactions into your purchase ledger relating prior to 1st September 2020 that you must change the vat code from the default to the appropriate vat code relating to old rate.

Prior to invoicing Suspended Dockets, Job Cards, Picknotes or Quotations you must recall each transaction and either re-suspend, re-job, or resave the transaction so that it applies the new VAT rate to the transaction. You can now continue to trade as normal

 

IF YOU ARE USING BACKORDERS PLEASE CONTACT US ON 01 6260155 OR EMAIL SUPPORT@RNH.IE BEFORE 1P.M. ON THURSDAY 27th OF AUGUST TO GUARANTEE ASSISTANCE!

TO GUARANTEE SOFTWARE SUPPORT PLEASE ENSURE YOU’RE YOUR ACCOUNT BALANCE IS UP TO DATE.

Customer Support 

Successful business management requires more than just functional software, and at RNH we pride ourselves on being a total solutions provider. Consultancy, implementation service, technical support and tailored training are integral parts of the RNH offering, and can make the difference between the success and failure of a project.

Comprehensive support packages ensure RNH customers derive the maximum value from their systems. Our Dublin based support office offers unlimited telephone and remote support from our own trained personnel.

As a platform for our software, we offer a range of PC and server hardware from Fujitsu Siemens Computers, Europe’s largest IT manufacturer. RNH Solutions is committed to delivering its solution on Fujisu Siemens Hardware, and is confident in its ability to perform under the demands of today’s businesses.

To ensure our installations operate effectively we offer complete network administration including a competitive cabling service, Virus protection, VPN installation, remote modification and administration.

Alternatively RNH can provide Application Support only if you prefer to source and support your own hardware, network and security infrastructure.

To log a support issue please contact us:

(01) 626 0155
By email: support@rnh.ie

One of our staff will be available to assist you.