Understanding VAT Drivers, VAT Driver Keys, and the Defaulting Hierarchy for VAT Defaults
The following table lists the PeopleSoft Purchasing VAT drivers and associated VAT driver keys for the VAT Defaults component. The table also indicates which drivers control defaults for the Services VAT Treatment:
VAT Driver |
VAT Driver Keys |
PeopleSoft Application |
Country |
State |
Applicable to Regular VAT Defaults |
Applicable to Services VAT Treatment Defaults |
---|---|---|---|---|---|---|
Item BU |
Item SetID Item ID Business Unit |
Purchasing |
Optional |
Optional |
Yes |
No |
Item |
Item SetID Item ID |
Purchasing, Payables |
Optional |
Optional |
Yes |
Yes |
Item Category |
Item SetID Category Code |
Purchasing |
Optional |
Optional |
Yes |
Yes |
Supplier Location |
Supplier SetID Supplier ID Supplier Location |
Purchasing, Payables |
Optional |
Optional |
Yes |
Yes |
Supplier |
Supplier SetID Supplier ID |
Purchasing, Payables |
Optional |
Optional |
Yes |
Yes |
PO Business Unit |
Business Unit |
Purchasing |
Optional |
Optional |
Yes |
No |
PO Options |
SetID Process Option ID |
Purchasing |
Optional |
Optional |
Yes |
Yes |
VAT Entity Registration |
VAT Entity Country |
All |
Required |
Optional |
Yes |
No |
VAT Country |
Country |
All |
Not applicable |
Optional |
Yes |
No |
Credit Card Provider |
Supplier SetID Credit Card Supplier |
Purchasing |
Optional |
Optional |
Yes |
No |