Value added tax (VAT) and EU tax prerequisites

For value added tax including EU tax, you must set up or define the following data:

In the General Company Data (tccom0102s000) session, enter your company's tax number.
In the Implemented Software Components (tccom0100s000) session, select the EU Sales Listing and the EU Statistical Reporting check boxes as applicable.
For countries in the European Union, select the EU Member State check box in the Countries (tcmcs0110s000) session.