VAT Product Posting Group Table
Specifies the VAT product posting group codes for items or resources for VAT purposes. These codes distinguish between the types of items or resources that are sold or purchased and whether they are subject to or exempt from VAT.
On each item and resource card, you must enter the VAT product group code that represents the group to which the item or resource belongs. Enter the code in the VAT Prod. Posting Group field.
In addition to setting up the necessary product posting group codes, you must also set up the necessary VAT business posting group codes in the VAT Business Posting Group window. Then you must combine the different VAT product posting group codes and VAT business posting group codes in the VAT Posting Setup window.
List of Fields in the Table
| Field | Location |
|---|---|
| Delivery Operation Code Field, VAT Product Posting Group Table | Spain Local Functionality |
| Print on Invoice Field, VAT Product Posting Group Table | Finland Local Functionality |
| Code Field, VAT Product Posting Group Table | General Ledger |
| Description Field, VAT Product Posting Group Table | General Ledger |
| Code Field, VAT Product Posting Group Table | General Ledger |
| Description Field, VAT Product Posting Group Table | General Ledger |
| Outside Tax Area Field, VAT Product Posting Group Table | Norway Local Functionality |
| Code Field, VAT Product Posting Group Table | General Ledger |
| Description Field, VAT Product Posting Group Table | General Ledger |
| Code Field, VAT Product Posting Group Table | General Ledger |
| Description Field, VAT Product Posting Group Table | General Ledger |
See Also
Reference
VAT Business Posting Group
VAT Posting Setup
VAT Product Posting Groups
Other Resources
VAT Prod. Posting Group
How to: Set Up VAT Product Posting Groups