VAT Bus. Posting Group Field

The G/L Account Table

Here you can enter a VAT business posting group. To see the VAT business posting groups in the VAT Business Posting Groups window, click the AssistButton in the field.

After you have attached a VAT business posting group code to a G/L account, this VAT business posting group code will automatically be inserted in a journal, sales or purchase line when you select the G/L account. The program uses this code together with the VAT Prod. Posting Group and Gen. Posting Type fields to determine VAT % and VAT calculation type and to find the G/L accounts to which the program posts VAT.