Open the VAT Business Posting Groups window.

Specifies VAT business posting groups. The VAT business posting group codes determine calculation and posting of VAT according to the location (country/region) of the customer or vendor involved in the transaction.

Before setting up VAT business posting groups, you must decide how many different groups you need. This depends on a number of factors including local legislation and whether you trade both domestically and internationally.

The window contains a line for each posting group.

Tip

See Also