Set up VAT in Dynamics 365 Business Central

Module
8 Units

Intermediate

Functional Consultant

Business User

Dynamics 365

Business Central

Do you want to know how to set up Value Added Tax (VAT) in Business Central? If so, then this module is for you because it explains how to set up VAT posting groups and set up VAT templates.

Learning objectives

By the end of this module, you will be able to:

Set up VAT posting groups.
Assign VAT G/L accounts in the VAT posting setup.
Set up VAT clauses.
Specify VAT rates in the VAT posting setup.
Set up a VAT statement.
Set up unrealized VAT.

Prerequisites

Basic understanding of how to navigate the Dynamics 365 Business Central application and knowledge of posting groups and the chart of accounts.

Introduction - Set up VAT posting groups min
Enter lines in VAT posting setup min
Use assisted setup to set up VAT min
Set up VAT clauses min
Set up a VAT statement min
Set up unrealized VAT min
Check your knowledge min
Summary min