Bingo, beat me to it. If it is a single phase only supply, it will be 240V (nominal). For the reasons already given by Waross and itsmoked, you want to program the VFD to deliver 230V (not 240 by the way, because motors are designed per Utilization Voltage standards, which will be 230V). Dual Voltahe rated motors like that are actually a compromise using a 220V design (with extra iron as mentioned), because the over/under ratings at 220V cover a little more of the possible low-end of a 208V system, acknowledging that 208V systems are generally smaller facilities with less voltage drop internally, so -5% from 208V is more likely than -10%. But that is moot here, you have 240V. Use 230V to your motor.
There is a good discussion of this in a set of white papers called "The Cowern Papers" written by an Engineer at Baldor Motors. It was written prior to Baldor being bought by ABB and maybe because his copyright didn't extend to them, they are no longer provided though the Baldor website. But if you do a web search for "Cowern Papers" there are still several large distributors that have them on their websites. In one of those, Bill Cowern explains why 208/230 V motors are fine at (as I recall) 10HP and below, but above that it is much more important to stay true to the actual nameplate voltage.
"Will work for (the memory of) salami"