VAT in Business Central

This video talks through setting up VAT (Value Added Tax) in Business Central, we begin by going through VAT product posting groups, then VAT business posting groups, combining these entities on the VAT posting setup. Next we post a sales invoice before reviewing some different rates of VAT, going on to review the VAT entries screen and the VAT statement. We hope you find this video useful!

[@fhazrien13]

Hi Gurdeep thats a nice information for VAT Setup. What BC version did you use? Can you show me on how using multiple combination VAT% on sales / purchase document.

[@gurdeepbahra6843]

Hello Bilal, thanks for your message. You can use different VAT prod. posting groups at document line level to set different VAT% on sales and purchase documents - just as I did in the video. Please note its only possible to set one VAT% per document line. I used BC SaaS (22.2) in this video