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Set the default VAT/GST/sales tax rate for a forecast

How to set a forecast's default VAT/GST/sales tax rate.

Written by Oliver Cook

When you create a manual prediction, you can set a VAT/GST/sales tax rate % for that prediction. If you set a default tax rate, you can leave this option blank so you don't have to enter a rate every time you create a prediction.

Showing a user enter a new VAT rate instead of the default rate.

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

  2. In the dropdown, click Settings.

    The settings then appear to the right.

    Screenshot of a forecast pointing the Controls dropdown, which highlights the Settings option.

  3. Make your changes, then click Update.

The next time you create or edit a prediction, if you don't enter a VAT/GST/sales tax rate, it will use the default rate.

Can I override the default rate for a specific prediction?

Yes, simply type in the VAT/GST/sales tax rate you want to use for that prediction and save it. Whenever you remove the rate or create a new prediction, it will still use the default rate set in your forecast settings.

GIF showing a user enter a new VAT rate instead of the default rate.

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