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5. Currencies and VAT
The ClientSHOP service can support multiple currencies. By default these include the British Pound, Euro and US Dollar. Others can be added on request. You control the exchange rates to use and you can change them as often as you like.
Your default currency is whichever you define as having an exchange rate of 1. When a customer selects a currency (if you allow multiple currencies on your site) then the prices are simply multiplied by these exchange rates and the correct symbol applied - £, € or $.
If you only want to use a single currency then that is also fine.
VAT Calculations for EU Countries
If you and your customer are both in the EU and you are VAT registered then VAT must be charged. The rules are relatively straight forward
To enable this option you just need to enter your country's VAT rate and select your home country. If you are not VAT registered or you are based outside the EU then just leave this option disabled.
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