Business Central: the “VAT Group” Concepts

Business Central: the “VAT Group” Concepts

What is Group VAT Management?

VAT groups are formed of individual companies, ideally to lift the VAT burden within the group. From the perspective of VAT reporting, authorities treat a VAT group as one company, which means one VAT Return submission from the group with “aggregated data for the entire group”.

• You can join one or more businesses in…

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