Sales tax registration numbers in multiple European countries in one legal entity
Companies in Europe can have warehouses in multiple countries. Examples are consignment stock at a customer, toll manufacturers in another country or just having a warehouse close to the customers to have the shortest possible delivery times. These customers typically do not have a business / ...
Validation tool if the tax payer is active in EU VIES system and/or in National Tax portal.
This is a wide need to check in EU system - VIES or in national tax portal (Poland) Such functionality would need to: validate in government/EU tool if the supplier is an active tax payer (for one selected or group) Check or validate before/after posting if the Vendor/Customer is a active tax...
Thank you for your feedback. Currently this is not in our roadmap; however, we are tracking it and if we get more feedback and votes, we may consider it in the future.
Sincerely,
Ekaterina Podkolzina
PM, Microsoft
Tax calculation based on ingrediencies of a product
It would be great to have a feature to calculate tax on ingrediencies of products, since this becomes more and more common:
Sugar-sweetened beverage taxes in Europe: learning for ...
External interface with tax rate providers
This idea is created by Tax Calculation service product team to understand the market requirements for Microsoft to build an external interface with tax rate providers for countries with complex tax jurisdictions and tax rates.
Please vote for this idea if you need this fe...
The functionality is available from the 10.0.39 version: Connect to an external tax solution provider via the Universal Tax Rate API - Finance | Dynamics 365 | Microsoft Learn
One stop shop
From July 2021, B2C sellers dispatching their goods from a single country will no longer be required to register for foreign VAT and complete multiple VAT filings in the countries where they are selling. Instead, they may opt to simply complete and file a...
VAT specific exchange rate
A company has as accounting currency SEK but they are located in UK, so the VAT needs to be reported in GBP, vendors are sending an invoice on SEK currency but specifying what the exact VAT in GBP they are calculating, the problem in D365 is that in this case we don't have an exachange rate, s...
This idea is included in 2023 wave 1 (version 10.0.35).
Enable additional exchange rate types for tax currency conversions | Microsoft Learn.
Exchange rate type for sales tax - Finance | Dynamics 365 | Microsoft Learn
VAT number validation
Within the European Union companies selling abroad are obliged to check the VAT-number of their customers. Some countries provide an online possibility to check if a vat number is valid. For example Germany via XML-interface https://evatr.bff-online.de/eVatR/xmlrpc/. Also the EU commission has st...
Tax reports showing values by Sales tax code currency - Tax reconciliation
- There is an increasing need to have tax reports where the values are also shown by Sales tax code currency. If it is necessary to do tax reconciliation using the sales tax code currency, which is a frequent task, there isn't any report to help in this task. - Tax reports only show values per ac...
Thank you for your feedback.
We will consider including it in our roadmap.
Sincerely,
Ekaterina Podkolzina
PM, Microsoft
Tax direction requirment - extend validation
On the general ledger parameter, sales tax tab page, the parameter “Tax direction requirement” can be set = Yes. This validation now only validates that a tax direction is entered on a main accoutn, but not the tax direction value. If a main account has tax direction filled in as a legal entit...
Thank you for your feedback.
This is a great suggestion! We will consider this in our roadmap.
Sincerely,
PM, Kai Liang
Microsoft.
Support invoice register/approval/pool in Tax Calculation service
Hi,
This idea is created by Tax Calculation service product team to understand the market requirements to support vendor invoice register/approval/pool in Tax Calculation service. Please vote for this idea if you need this feature in your project.
Thanks
Sincerely,
Ekaterina Podkolzina
PM, Microsoft
Administrator
See our latest announcement of Tax Calculation service Tax calculation enhancements are now available for Dynamics 365 - Microsoft Dynamics 365 Blog. It works for this idea.
Sincerely,
PM, Eric Wang
Microsoft.