Configure a tax year

1. Go to the VAT periods (TX207000) window.

2. In the Branch field, select the branch, for which you want to set up VAT periods.

3. In the Tax agency field, select the tax agency whose VAT periods you want to set up.

4. In the Tax year field, select the tax year for which you want to set up VAT periods.

5. Optional: Select the Short tax year check box to set up periods for a tax year that is shorter than the calendar one.

   Once you select this check box, the Delete period and Add period buttons will be available in the table toolbar so you can delete and add periods in the table.

6. Optional: In the Start date field (which is available for editing only if there are no tax years in the system for the selected branch and tax agency), select the first day of the tax year.

7. In the VAT period type field, select the type, which defines the duration of the VAT periods. The available values are Half a month, Month, Two months, Quarter, Half a year, Year, and Financial period.

8. Click .

Parent topic: Manage VAT periods