VAT Bus. Posting Gr. (Price) Field, Customer Price Group Table
Specifies the VAT business group code for this price group. The program uses this code to find the VAT percentage rate in the VAT Posting Setup window that it uses to calculate the unit price.
If the item is bought by a customer in another VAT business group, the program automatically calculates a new unit price by deducting the VAT from the current unit price and then calculating a new VAT based on the customer's VAT business posting group and the item's VAT product posting group.
To see the VAT business posting group codes in the VAT Business Posting Group table, choose the field.
When this field is used, there must also be a check mark in the Price Includes VAT field.
Tip
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Parent Tables
Table | Location |
---|---|
Customer Price Group Table | Inventory |
Customer Price Group Table | Inventory |