Specifies which accounts will post VAT.

The VAT posting setup consists of combinations of VAT business posting groups and VAT product posting groups. You can set up as many combinations as you need and link various G/L accounts to each combination.

After you have done this, when you fill in a line in a general journal or purchase or sales line, the program checks the VAT Posting Setup window to see which accounts to use for this particular combination of VAT business posting group and VAT product posting group.

See Also