Difference between revisions of "How do I enter VRT?"
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== Summary == | == Summary == | ||
− | *VRT - | + | *VRT - Unit Registration Tax is applicable in Eire only. It is the equivalent of the UK [[How do I put RFL and First Reg Fee onto my order?|first registration fee]], but is considerably more punitive. |
− | *It applies to new and imported | + | *It applies to new and imported units. |
*It is calculated on a formula that is currently as follows : 2 Euro per cc up to 350cc and then 1 Euro per cc above this. This means that {{DataValue|Harley-Davidson 1540cc}} engined models come out at 1890 Euros. | *It is calculated on a formula that is currently as follows : 2 Euro per cc up to 350cc and then 1 Euro per cc above this. This means that {{DataValue|Harley-Davidson 1540cc}} engined models come out at 1890 Euros. | ||
*There is no V.A.T. payable on these items. | *There is no V.A.T. payable on these items. | ||
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*For a franchised motorcycle dealer, create part numbers for the standard engine sizes for the manufacturer or manufacturers for which they are franchised. | *For a franchised motorcycle dealer, create part numbers for the standard engine sizes for the manufacturer or manufacturers for which they are franchised. | ||
*Use a part number laid out in the form "VRT<value>" for the different engine sizes. | *Use a part number laid out in the form "VRT<value>" for the different engine sizes. | ||
− | *Put the cc to which this relates in the description of the stock item along with " | + | *Put the cc to which this relates in the description of the stock item along with "Unit Registration Tax". |
*Fill in the Retail and Cost prices with the same figure. | *Fill in the Retail and Cost prices with the same figure. | ||
− | *This should go into the | + | *This should go into the Unit Sales Items stock group. This will automatically flag it as an On the Road item and as a Financial item for the Unit Sales orders and invoices. |
*Set the Sales Centre and the V.A.T. Rate on the item itself. | *Set the Sales Centre and the V.A.T. Rate on the item itself. | ||
Revision as of 17:11, 4 January 2019
Summary
- VRT - Unit Registration Tax is applicable in Eire only. It is the equivalent of the UK first registration fee, but is considerably more punitive.
- It applies to new and imported units.
- It is calculated on a formula that is currently as follows : 2 Euro per cc up to 350cc and then 1 Euro per cc above this. This means that 'Harley-Davidson 1540cc' engined models come out at 1890 Euros.
- There is no V.A.T. payable on these items.
More Information
- For a franchised motorcycle dealer, create part numbers for the standard engine sizes for the manufacturer or manufacturers for which they are franchised.
- Use a part number laid out in the form "VRT<value>" for the different engine sizes.
- Put the cc to which this relates in the description of the stock item along with "Unit Registration Tax".
- Fill in the Retail and Cost prices with the same figure.
- This should go into the Unit Sales Items stock group. This will automatically flag it as an On the Road item and as a Financial item for the Unit Sales orders and invoices.
- Set the Sales Centre and the V.A.T. Rate on the item itself.
See also