General ledger> Setup> Sales tax> LV settings> VAT reporting codes

Use this form to set up VAT reporting codes.

Task that uses this form

Navigating the form

The following table provides descriptions for the controls in this form.

Fields

Field

Description

Settlement period

Select the unique identification code for the sales tax settlement period.

Reporting Code

Enter a code for VAT tax reporting.

Percent

Enter the percentage to calculate for the tax base amount.

Note Note

If this field is left blank, the tax value is used to calculate VAT.

Sum limits

Enter the minimum amount of the transaction to print on separate tax report attachment lines.

Report layout

Select the report layout from the following options:

  • Latvia– Use the Latvia-specific layout.

  • EU Member States– Use the EU Member States-specific layout.

See Also