Set the financial period end date for the VAT period

Introduction

With this setting, the end date of the period of the document will be used for VAT calculation. Then the VAT will always follow the posted period end date, and the document date will not affect the VAT reporting period.

1. Go to the Suppliers (AP303000) window.
2. In the Supplier no. field, select a tax agency.
   The Tax agency settings tab appears.
3. On the Tax agency settings tab under the VAT report settings section, select the Use the financial period's end date as VAT period, and not the document date check box .
4. Click .
   
   Note: If you do not select this check box, the document date will be used for VAT calculation.