Set up VAT in Dynamics 365 Business Central
Do you want to know how to set up Value Added Tax (VAT) in Business Central? If so, then this module is for you because it explains how to set up VAT posting groups and set up VAT templates.
Learning objectives
By the end of this module, you will be able to:
- Set up VAT posting groups.
- Assign VAT G/L accounts in the VAT posting setup.
- Set up VAT clauses.
- Specify VAT rates in the VAT posting setup.
- Set up a VAT statement.
- Set up unrealized VAT.
Prerequisites
Basic understanding of how to navigate the Dynamics 365 Business Central application and knowledge of posting groups and the chart of accounts.