VAT Business Posting Groups Window

You use the VAT Business Posting Groups window to set up VAT business posting groups. The VAT business posting group codes determine calculation and posting of VAT according to the location (country) 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.  

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