Recommended VirtueMart settings for European Union

Recommended VirtueMart settings for European Union

Postby admin » Mon Nov 08, 2010 7:44 pm

This what you should check in VM configuration for this component and whole virtuemart to work as you expect it.

Most European virtuemart shop owners sell usually to one country and do not do wholesale to business customers. We will try to describe the most common configuration of VirtueMart for EU shop owners.

If you meet these requirements this configuration will suit you the best
- you don't sell to foreign companies and you don't need to add/subtract VAT from the prices of your products while checkout
- you are VAT payee and your prices are including VAT
- you are based in EU and your tax system is synchronized with EU mode
- you sell to one country and you don't need to use VAT of ship to countries

This is your recommended settings
- choose tax mode to be based on vendor address
- your vendor settings in Store -> Store Information MUST HAVE a country (and state) exactly the same as the tax's COUNTRY AND STATE which you created. If state does not match, you will get lots of problems
- every single shipping method should should have a tax id assigned
- check your selected shipping class if it returns right tax rate (if not, you'd have to modify it)
- every single product should have a tax id assigned
- payment fees and discounts should be subtracted BEFORE shipping and taxes otherwise your VAT on order will never match VAT of your accounting data.
- your default shopper group should see prices including taxes, but be very carefull when saving this one as if it moves from first line of your database, you get lots of problems which have to be solved (search VM forums for 'when saving prices of products, they get lost' and similarly)

- virtual tax should be checked
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