European Single Market and VAT Processing
The following topics provide you with information about special tax processing required within the European Union, and the configuration settings necessary for dealing with this in the SAP System. For more detailed information on how to make these settings, see the Implementation Guide for Financial Accounting under Financial Accounting Global Settings
® Tax on Sales/Purchases. European Single Market and VAT Processing: Overview VAT Registration Number Fields in the Line Item Identifying the EU Countries Company Code VAT Registration Number Preparations for Outgoing Invoices Preparations for Posting Outgoing Invoices Preparations for Incoming Invoices Preparations for Posting Incoming Invoices Delivery of Goods as Part of Triangular Deals Reports for the Tax Authorities