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VAT Processing
VAT Processing
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Notice
Introduction
VAT, US Tax, or GST Processing
VAT Calculation Method (Recalculate, Gross, or Net)
VAT Declaration Points
Ensuring VAT Is Posted on Time
VAT Codes
VAT Type
Imports and Exports
VAT Calculations for EC Members
Reporting Transactions between Members of the European Community
ESL/SSD Management
SSD Transaction Maintenance
VAT Corrections for Write-Off, Deduction, and Chargeback Transactions (AR)
VAT Included (AR, AP, and GL)
VAT for Gifts, Samples, and Prizes (OP)
Payment Time VAT Review Management (AR, OP, GA)
Time Delay for Purchases of Fixed Assets (AP)
Database Fields Reserved for Future VAT Processing
Hierarchy for Defaulting VAT Codes on Sales Orders
Hierarchy for Defaulting VAT Codes on POs and Vendor Invoices
Hierarchy for Defaulting VAT Codes on Journal Transactions
How VAT is Calculated
Steps to Setting up and Working in a VAT Environment