Open the Tax Product Posting Groups window.
Specifies Tax product posting groups. The VAT product group codes determine calculation and posting of VAT according to the type of item being purchased or the type of item or resource being sold.
The number of VAT product posting groups you need is determined by the way items and resources are taxed. One example could be differentiated VAT, with 10% for food and 15% for nonfood items.
The window contains a line for each posting group.
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See Also
About Posting Groups
How to: Assign Tax Product Posting Groups to Item Accounts and Resource Accounts
How to: Set Up Codes for Import Tax
How to: Set Up Default Tax Product Posting Groups
How to: Assign Tax Posting Groups to General Ledger Accounts
How to: Create a Tax Combination Setup
How to: Set Up Tax Product Posting Groups
How to: Assign Tax Product Posting Groups to Item Accounts and Resource Accounts
How to: Set Up Codes for Import Tax
How to: Set Up Default Tax Product Posting Groups
How to: Assign Tax Posting Groups to General Ledger Accounts
How to: Create a Tax Combination Setup
How to: Set Up Tax Product Posting Groups