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VAT Settlement Rate Field, VAT Posting Setup Table

Specifies the VAT settlement rate. The available options are: Normal, Medium, and Low.

The value in this field is used in the Tradesettlement report to calculate sales and purchase tax.

Tip

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Parent Tables

Table Location
VAT Posting Setup Table General Ledger
VAT Posting Setup Table General Ledger

See Also

Reference

Tradesettlement

Concepts

Norwegian VAT Reporting