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Deductible % Field, VAT Entry Table

Specifies the percentage of the transaction amount to which VAT is applied.

VAT can be fully or partially deductible, or non-deductible depending on the type of goods or services purchased.

Tip

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Parent Tables

Table Location
VAT Entry Table General Ledger
VAT Entry Table General Ledger

See Also

Other Resources

Set Up VAT
How to: Record VAT
Calc. and Post VAT Settlement