Add. Curr. Nondeductible Base Field, VAT Entry Table
Specifies the base amount that is not deducted due to the type of goods or services purchased. VAT is fully or partially non-deductible by provision of the law on goods such as cars, mobile phones, and food purchased at restaurants. This amount is shown in the additional reporting currency.
Additional Information
Companies that operate in multiple countries and regions find it important to report transaction amounts in additional currencies. The general ledger is automatically set up to use your local currency (LCY) for reports. An additional reporting currency can be set up to display in reports and entry windows.
Tip
For more information on how to work with fields and columns, see Work with Data. For assistance in finding specific pages, see Search.
Parent Tables
| Table | Location |
|---|---|
| VAT Entry Table | General Ledger |
| VAT Entry Table | General Ledger |
See Also
Other Resources
About Using Additional Reporting Currencies
Setting Up Additional Reporting Currencies
Set Up VAT
How to: Record VAT
How to: Define VAT Statements
Calc. and Post VAT Settlement