Use Intercompany Customer VAT Number in Intrastat Reporting for Intercompany Transactions
In intercompany sales scenarios, the Intrastat report currently derives the VAT number from the originating customer transaction, while the customer on the Intrastat declaration is the intercompany partner.
We would like to request an enhancement so that, for intercompany transactions, t...
Rename all Sales Tax labels, Menus and Reports as VAT in KSA for localization
In Saudi Arabia, the indirect tax implemented by the Zakat, Tax and Customs Authority (ZATCA) is officially known as Value Added Tax (VAT). However, throughout Microsoft Dynamics 365 Finance & Operations, the standard terminology used in the application remains "Sales Tax".
Al...
India E-Invoicing – Do Not Send Ship-to Details When Bill-to GSTIN and Ship-to GSTIN Are the Same
Recently, the NIC e-Invoice portal validation appears to reject invoices when both the Bill-to GSTIN and Ship-to GSTIN are provided and are identical. In such scenarios, the portal returns an error similar to:
"If ship details are provided, Bill-to GSTIN and Ship-to GSTIN shou...
GST reference number sequence should auto picked for RCM (reverse charge) transaction on GSTR2 report instead of picking D365 Invoice Id
Hi
1. Client is using GST reference number sequence as a primary series to file GSTR instead of D365 invoice Id. There is a client requirement that GST refernce number sequence should auto picked in GSTR2 report which is refered for reporting to GST department with all RCM transaction w...
EU Sales list FR
Currently, the DES report (EU Sales list FR) is generated based solely on posted invoices and reflects the total invoice amount, regardless of the payment status. This means that the declaration is driven by billing data rather than actual cash movements.
VAT treatment of bad debt write-off postings
By standard functionality, the VAT amount is posted as a separate line to the VAT account. Users normally do not post anything manually to VAT accounts, as this makes VAT review and calculation more difficult and complicates the reconciliation of VAT declarations. For the posting, the bad debt...
VAT Group
According to European Union law - Council Directive 2006/112/EC of 28 November 2006 on the common system of value added tax (article 11) and Polish The Goods and Services Tax Act the companies could take a part in VAT Group.
VAT group is a group of the organizations connected base on ec...
Withholding Tax Override
You should be able to override the withholding tax code on a PO so that they are different than the vendor defaults. Additionally, you should be able to override the withholding tax code on a PO invoice so that it is different than what is on the PO or Vendor.
For example, a v...
Add Financial Tags to Excel add-in in Free Text Invoice entity
To include financial tags within the Excel add-in is not currently feasible We reviewed a potential workaround using the Export to Excel functionality through the Data Management Framework for the Customer Free Text Invoice entity, which allows adding financial tags in Excel and re-importing t...
Mexican localization - Vendor invoices with negative sales taxes require withholding type
With Mexican localization in D365FO, a vendor invoice with negative taxes calculated cannot be posted if the CFDI withholding parameters are active. Not all the negative sales tax codes are withholdings.