Specifies if this combination of VAT business posting group and VAT product posting group are to be reported as services in the periodic VAT reports.

If you post a document that uses a VAT posting setup where the EU Service field is selected, the EU Service field on the corresponding VAT entry is also selected. The transaction can then be included in the periodic VAT reports that you must submit to the tax authorities.

Additional Information

Since 2010, services must be included in the VAT statements and other VAT reports for countries/regions in the European Union (EU). You can use Microsoft Dynamics NAV to generate periodic VAT reports that include services. Microsoft Dynamics NAV uses the VAT posting setup to distinguish trade with services from trade with physical goods.

Note
You may have to add multiple VAT product posting groups and combine these with VAT business posting groups to support all scenarios for cross-EU trade. This will be specific to the country/region, industry, company settings, and the goods/services that are provided.

VAT on services is reported differently in each country/region. For more information, see the What’s New topic in the section of the Microsoft Dynamics NAV Help for your country/region.

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See Also