How is VAT configured and applied in Group Quotations?
Overview of Tax Handling and how to view inclusive and exclusive pricing
For many of our customers, group pricing is typically provided inclusive of VAT.
To support efficient group quotations, we require default Tax Handling to be configured in your Groups Quotation Settings page.
If you select Exclusive as your default Tax Handling setting, the following will apply:
You will not be prompted to input a VAT Amount
Your recommended group pricing will default display without any VAT applied
You will not have the option to toggle between inclusive and exclusive pricing views within your group quotations
If you select Inclusive as your default Tax Handling setting, the following will apply:
You will be prompted to input up to 4 VAT Amounts, though only one is required
You can assign different VAT Amounts to different ancillary types on the Ancillary Revenue tab, allowing for more detailed group pricing and displacement calculations
Your recommended group pricing will default display with VAT applied
You will have the option to toggle between inclusive and exclusive pricing views within your group quotations
Once you have updated any applicable VAT Amounts, you will be prompted to indicate which amount should be the default VAT that applies to accommodation pricing
Please note: This is an important setting and impacts all of your group quotations. Should you wish to update your Default VAT Handling value in the future, please click the provided link to initiate a chat with our team.
For properties with Inclusive selected as Default Tax Handling, your recommended pricing on your Groups Quotation pages will automatically include VAT.
For negotiations that may require a room price exclusive of VAT, we have created an easy toggle action to enable both price calculations.
Simply click on Actions > View Prices VAT Exclusive to activate in the following views:
Avg. Recommended Price within the KPI Header
Current Price within the Negotiation section
