Setting up a set of books

You can create a set of books for each external financial institution to which you can export expense line item details for the VAT calculation purposes. You must:

  1. Add a fiscal calendar corporate data type. See Adding a fiscal calendar.
  2. Add a set of books corporate data type. See Adding a set of books.

    You can add a set of books to a user profile on the User Information screen. By default, the VAT amounts are reclaimed using the set of books assigned to the group to which the user is a member, if no set of books is assigned to a user.