VAT management overview
Value Added Tax (VAT) is an indirect tax on the consumption of goods and services. VAT is levied at each stage of the supply chain where value is added from initial production to the point of sale. To get started with VAT management, see the following articles.
| Article | Description |
|---|---|
| Work with VAT on Sales and Purchases | This article includes the various ways to work with VAT using a manual or automatic setup. This article guides you on how to meet country/region-specific regulations. |
| Set Up Value-Added Tax | This article provides information to help you correctly calculate, post, and report on VAT for sales and purchases. |
| Posting Group Setup | This article provides an overview of the VAT and other posting groups you can use to save time and avoid mistakes when you post transactions. |
| Set up non-deductible VAT | This article provides information about how to properly to set up non-deductible VAT related to percentages and accounts. |
| Set Up Unrealized Value Added Tax | If you use cash-based accounting, this article provides guidance about how to specify handling unrealized VAT for sales and purchases. |
| Submit VAT Reports to Tax Authorities | Use this article to learn how to prepare reports that list VAT from sales during a period, or from sales and purchases, and then submit the report to a tax authority. |
| Use non-deductible VAT | This article explains how to use and report non-deductible VAT. |
| EU third-party purchase transactions | Use this article to learn how to set up the system when the EU third-party trade occurs during the receipt of a purchase invoice from a customer in one EU country/region, and the products are sent to a different EU country/region without entering the country of residence. |
| Set Up a VAT Statement | This article provides information to ensure that you know how to set up a VAT statement template and names to meet changing tax authority requirements. |
| Managing VAT Rate changes | This article explains how you can use the VAT Rate change tool for Dynamics 365 Business Central to change VAT rates based on local legislation. |
| Validate VAT Registration Numbers | This article explains how to use Business Central validation for VAT registration numbers for your contacts, customers, and vendors based on the EU VIES VAT Number Validation service. |
| Multiple VAT registration numbers | Discover how to set up multiple value-added tax (VAT) registration numbers (as an alternative VAT rate) for your customers who operate in different countries. |