Overdue Debt VAT journal - Date of VAT register must be calculated from duedate
Customer wants the date of VAT register to be calculated based upon due date plus the minimum number of days specified in the overdue debt calculation setup. In Accounts receivable (Overdue Debt VAT customer journal) date of VAT register should be +(Minimum number of days) from due date. This is ...
Vendor location selection option on header if vendor have multiple location based on that Tax information required to fill on line level
you have multiple address vendor address (one default address and reaming secondary address ) while create purchase order system picking by default address after select vendor account . If you want to buy goods from secondary address with same vendor and in the PO level there is no facilities...
GST rates on gate outward form from tax setup rates
As per the GST rules, material / capital assets send for the job work process at that time on delivery challan GST amount must be shown But GST should not be pay to government, as rules said that GST liability will be there only if material / capital assets send for the job work not returned with...
AU BAS Reporting automation
At present the standard BAS reports generated from 365 Finance and Operations do not provide the user with clear and concise documentation to support the Business Activity Statement as lodged. In order to produce a satisfactory report, the user is required to export data and use an external pr...
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,
PM, Anastasia Yashenina
Microsoft.
Conditional VAT in foreign currency - Payment exchange rate gain/loss option
VAT is posted on foreign currency. when payment is done, Conditional VAT is reversed to post final VAT. But Exchange rate can differ and generate exchange rate gain and loss.
There is 2 options to handle conditional VAT payment.
Actual design
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,
PM, Eric Wang
Microsoft.
Pan and aadhaar link status as Per Indian law
Hi Team,
Below is the requirement and request you to please consider the same.
Looking forward for a get help in the scenario to manage if Pan are not link with Aadhaar then higher rate are applicable vendor\customer transaction as per the As per recent notif...
IN-Withholding tax payment in batch mode
Withholding tax payment should be in batch mode, as for longer transactions system is not completing the Payment process.
Possibility to release only a subset of tax codes within a Tax configuration in RCS towards a legal entity
Currently, RCS does not support to create a configuration within the tax calculation feature and share only a subset of tax codes with a legal entity.
This however is necessary in a global implementation where tax codes are managed centrally.
The limitation now forces u...
For Poland it is mandatory to change the Date of VAT registration, but system not allowing to change the Date of VAT registration in closed/on-hold period.
System allowing to post the sales order invoice for with on hold period of Date of VAT register date but if we post the Invoice without Date of VAT register date then try to update the date (on hold period date) system throwing warning message.
Customer is expecting that syste...
UK Plastic Packaging Tax Solution
Since April 2022 businesses in the UK are required to pay taxes on imports or manufacturing of plastic packaging at a rate of £200/Ton.
There is no standard solution for capturing this taxation within the system. I cannot use standard packaging duty as this uses sales tax which is ultima...
Administrator
Thank you for your feedback. We are releasing this feature in 10.0.14.
Sincerely,
Ekaterina Podkolzina
PM, Microsoft