VAT Exempt. Office Field, VAT Exemption Table

Specifies the office that the VAT exemption applies to.

Additional Information

A VAT exemption is allowed when you sell a product to a company that is outside the European Union (EU). You can also use a VAT exemption when you sell to a company inside the EU if their export business is over 10 percent of their total revenues.

VAT exemptions are issued for a specified period of time and have a unique registry number and date.

Tip

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Parent Tables

Table Location
VAT Exemption Table Italy Local Functionality
VAT Exemption Table Italy Local Functionality

See Also

Tasks

How to: Prepare for VAT Transactions Reports

Other Resources

How to: Record VAT
How to: Define VAT Statements