Additional Reports when Enable VAT Analysis option is marked


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Question:

What reports become available if I am using the VAT feature?

Answer:

When the Enable VAT Line Analysis checkbox is marked in the Company Setup Window ( Setup - Company Setup - Company ) it adds one addtitional tax report option to the Company Taxes Reports Window ( Reports - Company Reports - Taxes ):

• VAT Report


     
The VAT Report report displays a breakdown of the total goods value, the total tax value, the total goods value on EU sales and the total tax on EU sales. These amounts are compiled for each customer and vendor that you do business with.



This article was TechKnowledge Document ID: 4886