What is the prerequisite for setup the VAT in version 14.1 in RMS
Hello Support Team,
As per our requirement is need to setup the Vat along with Vat Rate should be Zero.what are the check point system_options and setup the system is required in order to setup the VAT Functionality along with downstream application POS and EBS.
We have done few prerequisite setup let us know is there anything need to be setup.
CLASS_LEVEL_VAT_IND:- N
DEFAULT_TAX_TYPE:- SVAT
DEFAULT_VAT_REGION:-1000
STKLDGR_VAT_INCL_RETL_IND:- Y
Create tax region (VAT region)
Create tax code (VAT code)
Assign tax rate to tax code (VAT rate)