VAT Exempt Reason Maintenance

Menu Path: System Administration $Images\bluerarw.gif$ VAT $Images\bluerarw.gif$ Setup $Images\bluerarw.gif$ VAT Exempt Reason Maintenance

Purpose

Maintain value-added tax (VAT) exempt reason codes.

Overview

Use VAT Exempt Reason Maintenance to create, update, and delete VAT exempt reason codes. VAT exempt reason codes are used to describe the reason order classes, purchase classes, products, sales orders, purchase orders, additional charges, and customers are exempt from VAT.

Creating VAT Exempt Reason Codes

To create a VAT exempt reason code:

Click the New button in the ribbon.
Enter the country for the VAT exempt reason code in the Country field.
Enter the VAT exempt reason code in the VAT Exempt Reason Code field.
Enter a description of the VAT exempt reason code in the Description field.
If the VAT exempt reason code is active, select the Active check box.
If the VAT exempt reason code is the default code for the country you entered in step 2, select the Default VAT Reason check box.
Click the OK button in the ribbon. The VAT exempt reason code is created.

Ribbon Home Tab Buttons

Button	Description
Exit	Click this button to close the VAT Exempt Reason Maintenance window.
New	Click this button to create a new VAT exempt reason code.
Update	Click this button to update the selected VAT exempt reason code.
Delete	Click this button to delete the selected VAT exempt reason code.
OK	Click this button to accept an action. This button is only available after you click the New, Update, or Delete button in the ribbon.
Cancel	Click this button to cancel an action. This button is only available after you click the New, Update, or Delete button in the ribbon.
First	Click this button to display the first VAT exempt reason code.
Prev	Click this button to display the previous VAT exempt reason code.
Next	Click this button to display the next VAT exempt reason code.
Last	Click this button to display the last VAT exempt reason code.
Attachments	Click this button to display Attachment Entry, which allows you to view and enter attachments for a selected VAT exempt reason code.
Notes	Click this button to display Notes Entry, which allows you to view and enter notes for a selected VAT exempt reason code.

Fields and Buttons

Field or Button	Description
Country	Enter a country code for the VAT exempt reason code, or click the Lookup button to select a country code. You can only select a country if VAT is enabled for the country. For information on setting up country codes, see Country Maintenance.
VAT Exempt Reason Code	Enter a VAT exempt reason code, or click the Lookup button to select an existing VAT exempt reason code.

Main Tab Fields and Buttons

Field or Button	Description
Description	Enter a description of the VAT exempt reason code.
Active	Select this check box if the VAT exempt reason code is active. This check box is selected by default.
Default VAT Reason	Select this check box if the VAT exempt reason code is the default VAT exempt reason code for the country. Only one VAT exempt reason code can be the default for each country. This check box is cleared by default.