When working with intercompany orders, upon generating EU Intrastat declaration for Intercompany sales order, system should populate tax-exempt number of
When working with intercompany orders, upon generating EU Intrastat declaration for Intercompany sales order, system populates wrong tax-exempt number on the declaration. Delivery is done from EU country to other EU country between IC partners, two legal entities. Intrastat should retrieve sal...
Input Service Distributor for D365 Finance
ITC Distribution process/Input Service Distributor for D365 Finance. This requirement is going to be mandatory from 1st April 2025.
There is an Official documentation for Business Central for same process, Can the same functionality be implemented for D365 FO.
Input Service Distributor (ISD) for India
Hello
As per India GST Compliance the Input Service Distributor(ISD) is mandatory from 1st April 2025.
What is ISD :
Australia BAS report boxes T8 & T9
Customers have received a directive from the Australian Taxation Office requesting that specific values be included in boxes T8 and T9 of the BAS report.
Our Senior Product Manager from Microsoft’s Tax team has advised that if these boxes are not documented in an official docu...
Input Service Distributor (ISD) under GST
ISD or an Input Service Distributor is a type of taxpayer under GST who needs to distribute the GST input tax credits that pertain to its GSTIN to its units or branches having different GSTIN but registered under the same PAN. At present No option is available in D365 Finance for the same, Howev...
Standard functionality for ISD (Input service Distribution) in D365 F&O
There has been provisions in the relevant GST Acts where if H.O. has taken Input tax credit on any purchase of goods/ services, the same can be distributed to its other branches on appropriate basis.
Microsoft has provided standard functionality of ISD in Business Central appl...
IN-TDS Gross Up
Under section 195A TDS is required to be deducted on gross up method as below : gross up rate % = 100 / (1 – WHT rate) = 100 / (1 – 15%) = 100 / 0.85 = 117.65%
Input Service Distribution (ISD) for Dynamics 365 Finance
Input Service Distribution (ISD) Mandate – Effective April 1, 2025! 🚀
The Gov...
Setup F01DGS reporting as required for Belgian reporting to governement
For Belgian local requirement, the F01DGS report (BLWI) would enable the creation of multiple lines in case of credit notes (from customers or vendors). In case of a credit note, the original line with correct central bank code must be the base to create another line with an adapted central ba...
VAT Declaration (AT) - Let user decide if Excel or XML format should be printed
Hello,
MS recently deprecated the report layout for different countries on the Sales tax authorities page in D365FO.