VAT Product Posting Groups Window

You use the VAT Product Posting Groups window to set up VAT product posting groups. The VAT product group codes determine calculation and posting of VAT according to the type of item being purchased or the type of item or resource being sold.

The number of VAT product posting groups you need is determined by the way items and resources are taxed. One example could be differentiated VAT, with 10% for food and 15% for nonfood items.

The window contains a line for each posting group.  

Related Tasks

More Information