VAT posting in General Ledger setup

Enabled for Public preview General availability
Users, automatically Nov 1, 2023 Dec 1, 2023

Business value

You can limit the VAT dates for posting independently from the posting dates.

Feature details

Currently, when you use the VAT Date functionality, the validation is the same for the Posting Date in the General Ledger Setup and the User Setup. This means you can't backdate VAT entries without opening prior posting periods and sometimes, the Posting Date and VAT Date range isn't the same.

This feature introduces new separate setups to control the VAT Date independent of the Posting Date. You can configure the VAT Date range in the VAT Setup page using the following options:

  • Allow VAT Date From
  • Allow VAT Date To

The same option will exist on the User Setup page and will extend options for configuration for users.

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See also

Limit posting based on Allow from/to period (docs)