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 … Read more

Typologies of Items in Business Central

Typologies of Items in Business Central Inventory Items, Non-Inventory Items, Service Items, Charge Items In addition to the standard inventory-items, there are two other types of items: non-Inventory and in service items. These types of items can create item ledger entries but only on an empty location (not declared location, BLANK location) in sense of … Read more

Physical Inventory Orders in Business Central

Physical Inventory Orders in Business Central Interesting feature, little documented up to now, relating to the management of inventory orders, I believe deriving from the German localization (as indicated in the link below) and also existing in other ERP systems. Very interesting topic (my humble opinion) because it allows to subdivide the count of inventories … Read more

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