[ITA] Withholding tax for customers
art. 25-bis of the DPR 600/73 https://def.finanze.it/DocTribFrontend/getArticoloDetailFromResultList.do?id={3BB076B5-3306-4B2A-BB50-398BE3E10F67}&codiceOrdinamento=200002500000200&idAttoNormativo={178F0CBC-1969-49F3-974E-7C0E87B9A568} Suggests withholding tax for Customers and vendors. Italian l...
Item Tax Groups per Country per Released Product
Increasingly, companies with a web presence, selling products to customers in multiple countries are required to collect GST/VAT/C-Tax (name your term) on behalf of the destination country. For the most part, the Tax module in D365 is flexible enough to supports this. However, one gap we have enc...
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.
Singapore GST F5 report process enhancement for Singapore localization
When an importer (D365 customer) imports goods to Singapore, the GST (Goods and Service Tax) must be paid to the Tax Authority, 2 scenarios regarding the GST payment:
- GST is paid indirectly by courier (CNF agent) on behalf of the importer.
- GST is paid directly to the Tax aut...
STATUS DETAILSNew
Use Sales direction from main account on Pending invoice line
Vendor invoices can contain credit lines which must be posted with sales tax with a sales tax direction 'Sales tax payable'.
In the Vendor invoice approval journal, a checkmark field option can be used to determine the sales tax direction of a vendor journal line. The field is...
BLWI report (BEL) should be applicable for ony Service reporting type in items sales tax group setup
In Belgium localization package we can find BLWI report which should collect all sales and purchase non-domestic transactions connected to SERVICES.
Currently we can enable report and system will require BLWI code on all non-domestic transaction no matter if we use ITEM, procurement cat...
Update data entities for Party, Vendor, Customer Postal addresses to hold VAT Registration ID section of the Manage Address form
Update data entities for Party, Vendor, Customer Postal addresses to include VAT Registration ID and the General section of the Manage Address form.
When using registration ID to maintain VAT numbers, migration of customer/vendor master data becomes extremely cumbersome to hav...
[ITA] Tax plafond automatically calculated
Italian legal entities which are usual exporters manage a tax plafond which is tipically reflected on a benefit in purchase transactions. The tax plafond is calculated on a yearly basis considering transactions posted in the previous year, the base amount might differs from legal entity to leg...
Charges allocation on Bill of entry to arrive at correct Assessable value
We are facing issue in posting bill of entry as per business scenario in D365 F&O Suppose we have 2 import purchase order created in a legal entity with following details Against these two purchase orders, vendor has partially delivered material and custom has raised the bill of entry with foll...
Italy - "Sales tax (Italy)" report - Voucher & Fiscal code columns are not large enough
When generating the Sales tax report for Italy (italian localization), the "Voucher" & "Fiscal code" numbers are truncated after 12 digits.
The first 12 digits are displayed in a line, digits after 12 are sent to the next line.
The fact that columns are not large enoug...
VAT calculated with penny difference
When the VAT is calculated there is difference of 1 cent. It is also observed that in some invoice the line with same base amount have VAT calculated wrongly in 1 line and its correctly calculated in other line. The product team found the root cause as, The tax amount is calculated by summed lin...
Administrator
Thanks for the idea and suggestions.
The related enhancement feature is delivered in release 10.0.17.
Sincerely,
PM, Kai Liang
Microsoft.