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 / ...
Tax rate calculation when posting partial deliveries to an order line with multiple tax periods
With the recent reduction of the sales taxes in Germany due to the effects of the Corona Pandemic, the introduction of new sales tax rates for the period between July 2020 to the end of the year have given rise in Dynamics AX to determining the correct tax rates in given circumstances. This prob...
Thanks for the idea and suggestions.
The related enhancement feature is delivered in release 10.0.17.
Sincerely,
PM, Kai Liang
Microsoft.
VAT Groups - legal requirement
Hi, Some countries in the European Union have a special legal requirement related to VAT that is not covered in the standard application. The requirement is about VAT groups which requires that one company files the VAT on behalf of other companies. As this is a legal local require...
Thank you for your feedback.
Currently, requirement to report VAT return for companies that report as a VAT group in the same system database is covered for some countries:
- United Kingdom: https://docs.microsoft.com/en-us/dynamics365/finance/localizations/emea-gbr-mtd-vat-integration#create-a-vat-return-report-for-companies-that-report-as-a-vat-group-in-the-same-system-database
- Netherlands: https://docs.microsoft.com/en-us/dynamics365/finance/localizations/emea-nl-vat-declaration-netherlands#run-a-vat-declaration-for-several-legal-entities
- Czech Republic: https://docs.microsoft.com/en-us/dynamics365/finance/localizations/emea-cze-vat-declaration-tax-declaration-model#run-a-vat-declaration-for-several-legal-entities
- France: starting from 10.0.20
- Switzerland: starting from 10.0.20
- Sweden: starting from 10.0.21
There is also planning to cover this requirement for some other countries: Spain, Germany, Austria, Norway, other countries.
The following idea is considered together with the current one: Microsoft Idea · VAT reporting for multiple legal entities (dynamics.com)
[10 votes from the duplicated idea]
Sincerely,
Elizaveta Golub
PM, Microsoft.
(ESP): “Date of VAT register” GL parameter should be available globally (including Spain)
There is a need to make available globally “Date of VAT register” option in GL parameters > Sales tax, which allows to do accounting (VAT settlement) by Date of VAT register. This is necessary for Spanish companies to correctly reflect VAT settlement/declaration by “Date of VAT register” in SII o...
Thank you for your feedback. We will consider it in our roadmap.
Sincerely,
Ekaterina Podkolzina
PM, Microsoft
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...
Thank you for your feedback.
This is a great suggestion! We will consider this in our roadmap.
Sincerely,
PM, Eric Wang
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.
Tax book section: maximum date
In each Sales Tax book sections manage a maximum date so as to prevent registrations with trans date greater than defined as maximum. This allows you to flexibly open and close individual VAT sections in accounting periods, even for invoices without VAT amounts.
VAT combination warning should work for purchase requisition submission.
When we are submitting purchase requisition with item sales tax group and sales tax group by not having common sales tax code in both, it is automatically submitting by not giving any error message. But when we post Vendor invoice, Free Text Invoice , Sales Order/Purchase order warning message h...
Thank you for your feedback. We are considering adding it to our roadmap.
Sincerely,
Ekaterina Podkolzina
PM, Microsoft
EU Sales list Swedish file format
The file EU Sales list is currently available in Electronic reporting repositories for a number of countries. In Sweden we need to use the EU Sales list by columns report, manually modify the file for the Swedish tax authority, and save to CSV. Our customers are asking for a sta...
Thank you for your feedback. We released this feature in Version 10.0.21 of Finance and Operations apps
Please refer to the following link for more information: Details for issue 584963 (dynamics.com)
Sincerely,
Anastasia Yashenina
PM, Microsoft
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
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.