Set Up new VAT Type and Code as there additional rule
Hi all,
I just got informed by user that our government will change the VAT percentage from 10% to 11%, hence we need to set up new VAT setting that will be used in Purchase Order, and Vendor payment on Account Payable module and etc.
Since I'm new to the app, can anyone please enlighten me on what and where should I set up the new rule for VAT percentage in Peoplesoft?
any feedback is much appreciated.
Thank you.
Ragards,