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VAT Exceptions (report)

The VAT Exceptions report helps identify posted transactions where VAT was expected but not calculated or posted. The report is useful for catching inconsistencies before you submit VAT returns.

Use the report to validate your VAT setup and ensure that posted documents contain all required VAT data.

Use cases

Identify posted transactions where VAT was expected but not applied. The report helps ensure that your VAT setup is accurate, which prevents reporting errors before you file tax returns.

Tip

Here are some tips on how to use the report:

  • Run the report when reviewing posted transactions that might be missing VAT data.
  • Use it to validate VAT setup before filing returns to avoid compliance issues.
  • Investigate flagged entries to correct VAT configuration or data entry errors.
  • Helps prevent future tax submission issues by highlighting configuration gaps.

Accountants can use the report to:

  • Ensure VAT is properly applied to all relevant transactions.
  • Catch and correct missing VAT entries before filing.

Controllers can use the report to:

  • Monitor VAT compliance across departments.
  • Support internal audits and tax reporting accuracy.

Auditors might reference the report to:

  • Verify VAT completeness and accuracy during compliance checks.

Try the report

Try the report here: VAT Exceptions

Tip

If you hold down the CTRL key while you select the report link, the report opens on a new browser tab. In this way, you can stay on the current page while you explore the report on the other browser tab.

VAT management overview
Built-in VAT reports in Business Central
Built-in key finance reports
Ad hoc analysis on finance data
Financial analytics overview

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