Perform a VAT rate change in Dynamics 365 Business Central
Do you want to know what to do in Business Central when a VAT rate changes? This module will focus on how to use the VAT Rate Change Tool, which enables you to change VAT rates to maintain accurate VAT reporting.
By the end of this module, you will be able to:
- Identify the reasons for using the VAT Rate Change Tool.
- Set up posting groups to configure a new VAT rate.
- Perform a VAT rate change.
Basic understanding of how to navigate the Dynamics 365 Business Central application and knowledge of working with posting groups, VAT, and the chart of accounts.