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Hi Community
May I ask what is the difference between
1. Normal GST vs Reverse Charge GST vs Full GST vs US Sales Tax?
2. Is there any mechanism behind these settings which will calculate and cause the system to response in a different behavior in invoice or orders?
Thank you!
Microsoft tends to compile it's localized taxation feature into 1 table, except the US Sales tax is more than just setting up your VAT Posting Setup. If you're using US DB with US Sales Tax, you will select only 1 option, other become irrelevant and lead to errors when you pick up transactions. If not an error, you won't be able to get accurate tax reporting at the end of the FY for your business localization
There is definitely a difference between them and the mechanisms against each options will yeild you results based on your DB Localization. If you're in AU Localization, the AU GST will come into play, same goes for UK VAT. These options are standard and available across localizations
More details here: help2016.eos-solutions.it/.../T_325_3.htm
Generally, one follows this link when wanting to setup VAT/Tax
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