Summary
The VAT Rate Change Tool in Business Central enables you to convert to new VAT rates in the most efficient way. You can use the tool when countries or regions increase or reduce a VAT rate for different reasons.
After completing preparation, you can set up the tool by choosing which master data, journals, and documents should be converted. By using master data filters, you can include only the master data that is subject to the VAT rate change.
Before you run the actual conversion, you can perform a test run. After you run the VAT Rate Change Tool, master data, journals, and documents are updated with new VAT product posting groups and general product posting groups.