Hi,
I can’t find any documentation related to IFS App 10/IFS Cloud or IFS in general on what are the standard VAT codes and VAT codes setup.
I’m new to IFS, used to be using SAP ERP where it was much clearer to me.
Do you have any ideas?
Thanks!
Hi,
I can’t find any documentation related to IFS App 10/IFS Cloud or IFS in general on what are the standard VAT codes and VAT codes setup.
I’m new to IFS, used to be using SAP ERP where it was much clearer to me.
Do you have any ideas?
Thanks!
Best answer by Thomas Peterson
Hi,
Standard VAT codes? Every country has different tax codes. VAT and Tax codes are essentially the same.
IFS uses a concept of a company template when creating a new company. That new company process creates a set of basic data, including the tax codes.
The screen to review the VAT codes is Tax codes. Every company can have different tax codes.
Best regards,
Thomas
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