Generating a VAT Return Report

Each European country has specific requirements for its value added tax (VAT) Return. Therefore, you must specify the type of information that is contained on each line of the VAT Return Report.
  1. Select Tax Setup > VAT Setup > VAT Return Report.
  2. Specify this information:
    Tax Entity
    Select a tax identity ID number.
    Tax Year
    Specify the tax year.
    Tax Period
    Specify a tax period range.
    Report Identification
    Specify the reporting information.
    VAT Reverse Indicator
  3. Click OK.