This page allows you to set the VAT Registration Number, Reporting Periods and VAT Reporting Scheme (Accrual/Cash).
To configure VAT, Trom the Explorer click Setup > Configuration this displays the Configuration page. Then, in the Accounting section, click 'VAT', to display the VAT Configuration Document.
Most of the fields are self-explanatory; complete them as required and then click 'Save'.
A couple of the fields require some explanation:
Specify here whether you report on a cash or accrual basis.