Create Input VAT Tax

You must create Input VAT Tax before running Korea reports.

Follow these steps:

1. From the Navigator console, click Setup and Maintenance, Manage Taxes.
2. In the Manage Taxes dialog box, select an existing tax to create new Input VAT tax.
3. Select the Control and Defaults tab and set the options as needed.
4. Select the Tax Rule Defaults tab and set the options as needed
5. Select the Tax Accounts tab and review the default options.
6. Click the Create New Tax From This Tax.