By syncing VAT rates with Xero, all VAT rates are made available in Moss via API. The rates can then be assigned to transactions and invoices. After doing so, there is no need to manually add or edit them on the Moss platform

You benefit from an improved pre-accounting process through the assigning default VAT rates to suppliers.

VAT rates are required for the booking of company expenses and to track the VAT paid for company purchases. VAT rates depend on the product or service purchased. In case of purchases abroad, reverse charges might apply.

Note: Only expense VAT rates are relevant on the Moss platform. Income VAT rates are not relevant for spend and cannot be exported from Moss, although they are displayed on the list. Please make sure to only select relevant rates for pre-accounting. In Xero, VAT rates are referred to as Tax Rates.

Using the “Not VAT registered” flag: Moss takes this parameter from Xero while syncing. If you want to switch to “Not VAT registered”, first apply the changes in the Xero platform. Then, when back on the Moss platform, click “Sync Now” to apply the same VAT settings.