How to set T1 Code as default in Sage while making payments to vendors?

Question

Hi 
 I have recently moved by Data to a New Sage File as the old file was so heavy after years of data on it. The Company credentials were created as per the original file but when I am adding Opening Balance and adding payment to suppliers, it is picking the Transaction Code shows as T9. I need this to show T1 as default. How can I change that?

Thanks 
 Amit

Adam Wood · Answer

Hi Amit, 
 T9 is the default non-vattable tax code. Certain transaction will be given this code automatically as they do not qualify for VAT (e.g. VAT Transfers and payments). 
 You can change the non-vattable Tax Code via Settings > Company Preferences > VAT. 
 However, if you need to have your PP and SR payments to show as T1 and appear on the VAT return, does this mean you are running VAT Cash Accounting scheme? Standard VAT would not include the payment transactions (Invoices and Credits are picked up on the return instead). 
 If this is the case, please click here to view our help guide on reconciling on the VAT Cash Accounting scheme. 
 I would speak with your accountant regarding this issue before making any changes to establish which VAT Scheme you should be running.

Sage 50 Accounts

How to set T1 Code as default in Sage while making payments to vendors?

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