There are Three main Editions of QuickBooks Sold in the Market. One is US edition, Second is UK edition and the third one is CANADA edition. Only UK edition supports VAT. VAT stands for Value added tax which is taxed by the government on each purchase. For this we need to add the VAT in all our transaction
QuickBooks VAT edition gives us the feature to add the VAT charges automatically and hence makes it easier to do your transactions. You can also change the percent of Tax levied when the government changes rules in future.