Use this activity to view or print the Report of VAT and Investment Transactions. This report lists all transactions subject to Norwegian value-added tax (VAT) and investment tax for a specified company during a specified range of years and accounting periods. This information is retrieved from IFS/General Ledger. The Norwegian investment tax is levied on the purchase of certain assets, e.g., machinery, vehicles, and office equipment, by VAT-registered companies.
This activity requires that a company exist. The company's country must be Norway. Customer and/or supplier invoices must have been entered and updated to the general ledger.
As a result of this activity, the Report of VAT and Investment Transactions is either printed or displayed on the screen.