System should not allow to enter Tax Value in (GST) Tax Set up (Neither manually nor through Import Utility) when no other variable like HSN/SAC Code etc is selected
System Should not allow to enter the Tax Value in the GST Set Up when no other variable like HSN/SAC Code/ Tax Rate Type etc is selected. If a user by mistake just enters the Tax Rate in the Tax Set Up, System picks up that Rate against the HSN/SAC Code which is selected during the Transaction bu...
Sales tax/Ledger Reconcilaition Report for India GST Transactions
We have Sales tax/Ledger Reconciliation report in the tax module but this report does not reconcile the GST transactions. Repro steps: Path: Tax >> Inquiries and reports >> Sales tax reports >> Sales tax/Ledger reconciliation Enter from date, to date and GST ledger Account. System is fetching th...
The exchange rate that is used for VAT calculation can differ from the exchange rate that is used for company accounting functions
VAT exchange rate Option to have a different exchange rate for VAT purposes. D365 picks the rate from the exchange rate type on the ledger and applies the same rate for the Revenue and VAT also. Customer need to have a separate exchange rate to be used for computing the VAT liability. (The law...
Data entity for GST reference number sequence group
There is no data entity available for the below- 1) Creation of GST reference number sequence group 2) Mapping of Number sequence code with GST reference number sequence group These are base functionality available and data entity is must as location wise number sequence needs is the primary req...
We will consider it for future through DCR.
Posted VAT inquiry report - Display/Signage of reverse charge net sales; positive figure instead of negative
The net amount for reverse charge sales (originating from a reverse charge purchase) displays on the posted vat inquiry/report table as a positive figure. I would expect this to show as a negative (the opposite to the purchase).
This results in a reconciling difference when r...
D365 Tax Reports - Provide a way to not show tax groups that are not used
We have several customers that have thousands of transactions weekly and do not find it useful to have tax groups not used with 0.00 tax amount displayed on the Tax report.
I suggest allowing the customer to remove or hide the tax groups not being used from the tax reports, so that the n...
Requirement is to have 'Mandatory item sales tax group' for PO, SO and other journals like it has for Free text invoice.
As per existing design, 'Mandatory item sales tax group' option is only available for Free text invoice in AR parameters > Ledger and sales tax. It should be available for all other journals and PO and SO in the same manner.
Thailand - Include Expense report tax transactions in the Purchase VAT report
In many companies, workers can claim different expenses with expense reports. Many of these expenses can include VAT, which is deductible and can be posted with expense report posting. In Thailand localisation, these VAT transactions are not included in Purchase VAT report. A a part of this prob...
India-Need Data entity for Tax journal import and export
We are expecting that there should be a separate data entity for Tax journal Import and export , currently there is no option to import , I mean open in excel entity also not available and every time user need to post all adjustment entries manually through tax journal in INMF (India) legal enti...
CONFIGURACIÓN LIBROS DE IVA ESPAÑOLES. EDICIÓN NO PERMITIDA
Permitir añadir un código de impuesto ar un libro de iva español configurado, una vez que se hayan sacado ya periodos mensuales, sin tener que borrar dichos periodos para poder añadir un nuevo código. Allow adding a tax code to a configured Spanish VAT book, once monthly periods have already be...
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,
Elizaveta Golub
PM, Microsoft
Administrator
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