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Value Added tax (VAT) is a transaction tax that is paid by the end consumer and businesses. Companies need to become familiar with the setup process, in addition to how to calculate, display, and adjust VAT amounts in sales and purchase documents. Intrastat is a required reporting process for all European Union (EU) companies that trade with other EU countries / regions.
Value Added tax (VAT) is a transaction tax that is paid by the end consumer and businesses. Companies need to become familiar with the setup process, in addition to how to calculate, display…