HELP with VAT settings - please

[robmob]

I have spent the last few hours pouring over the Actinic help, the Knowledge Base and various forum messages and have now got myself completly mixed up.

Basically - we will be VAT registered from midnight tonight. We intend to keep all our prices the same as they currently are and absorb the VAT. We need to show next to our prices that they are now VAT inclusive. We also need to show on our invoices our VAT number, although I understand that if the order is less than £100 we do not need to show the VAT seperately on the invoice.

However I beleive (but could be wrong) that we also need to be able to allow buyers outside of the EU to be able to purchase the items at a VAT exclusive price.

My concern having gone down the route of nearly applying advanced tax option is that Actinic will change all our prices - or do we need to change them all manually to the VAT exclusive price for Actinic to then apply the VAT to the net prices - I have chickened out of clicking the apply button as I am just so very confused as to what will happen and what we really nedd to do.

Can anyone offer any advice?

Thanks

Rob

[jont]

Actinic needs the ex-VAT prices and adds in the VAT accordingly. If you want to keep the on screen prices the same as they are now you could export the data file to Excel and remove the VAT element - divide the current price by 1.175 if in the UK to give the ex-VAT price... or you can go through and manually enter the ex-VAT prices.

Your VAT number can be set up under Design | Business Settings | Company / Contact