Understanding VAT Account Types

Billing passes the following VAT account types to Receivables for the lines referred to in the right column of this table:

Term	Definition
VO	Most lines with a VAT declaration point of invoice, accounting date, or delivery.
VOAP	Deposit-related lines (DEP, DAPP, and DREF) with a VAT declaration point of invoice, accounting date, or delivery.
VOC	Credit or adjustment lines. Deposit refund lines (DREF) with a VAT declaration point of payment.
VOI	Most lines, including deposit-applied lines (DAPP), with a VAT declaration point of payment.
VONT	Lines that are exempt or outside of scope of VAT.
VORE	Asset Management lines with a VAT declaration point of invoice, accounting date, or delivery.