VAT Country Codes

2024/09/28 • 1 min. to read

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Here you can set up the different countries for the VAT Statements. For more information, see Reports and Analysis, VAT Statement.

Note

Once records are set up, the NAVAX Country Specific VAT Statements extension is active in this company and it is mandatory to specify VAT Country Codes in the VAT Posting Setup and in the VAT Statement Names.

Fields
Code	Specifies the code of the VAT country.
Description	Specifies a description of the VAT country.
Default Settlement Account	Specifies the number of the VAT settlement account to be suggested for the Calc. and Post VAT Settlement batch job.