Can any one help me out with this error.
We have not implemented VAT and when I post a Statement it ends up with this error.
Error: Sales VAT Account must have a value in VAT Posting Setup: VAT Bus. Posting Group=NO VAT, VAT Prod. Posting Group=NO VAT. It cannot be zero or empty.
Witch is the VAT type? If it's normal and have a 0% of VAT, the system needs to create a VAT entry with base and no VAT amount, and a G/L entry with 0 amount, that's why require the VAT accounts in VAT posting setup.
In Spain (I don't know if it's Spanish localisation or a global one) we have an option that do not generate VAT entry, and no GL Entry. I don't remember how it says in English, but in Spanish is "No sujeto" (not subject?).