VAT, US Tax, or GST Processing

The first option you select is whether VAT processing, US tax processing, or GST (goods and services tax) processing will be used.  This option is chosen for each company/location on Reference File category 132 (Location Defaults).  Based on this category, VAT, US tax, or GST fields are included in the screens and reports in the Accounts Receivable, Accounts Payable, Order Processing, and Purchasing modules.  VAT will only be processed in the General Ledger module if the VAT in GL field is set to ‘Y’ (yes) on Reference File category 132.  Information about US tax processing and GST processing is provided in separate key concepts.