The Grossing up Provision in Tax computation for Foreign Vendor under section 195A
TDS amount is to be calculated by grossing up (For e.g. Invoice amount is 100, TDS rate is 15%, So TDS will be deducted by grossing up amount to 100/85*100 = 117.65). This tax amount will be paid by the client who is responsible for paying the invoice amount to the foreign vendor. Hence, TDS amou...
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...
Mexico retencion IVA y retencion ISR en calculo impuestos-Receivable VAT tax and ISR withholding from Mexico tax calculation and accruals
Wish there is a future option to easily visualize, identify and include the IVA or Receivable VAT retention and ISR retention from within the tax calculation (VAT retention and ISR retention sourced from professional services, dividends, freight or property monthly or annual leases). Not having ...
Deferred taxes from sales tax calculation
Wish there is a future option to easily capture the deferred tax amount from a sales tax calculation. Not having the option to visualize asset and liability deferred tax from tax postings and visualized and/or capture from tax calculation, user may potentially conventionally capture the deferred...
Sales Tax Group and Sales Tax Item Groups provide the ability to make inactive
There is no ability to make a sales tax group or item group inactive. When trying to optimize the sales tax setup over time particularly in the US or in a customer with operations in multiple countries within a single legal entity, it would be beneficial to be able to make a GST group or item gr...
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...
INDIA GST- tax journals to affect GSTR reports
INDIA GST- tax journals to affect GSTR reports . Currently these entries posted are not reflecting in GSTR reprots. Feature needed to bring the Invoice number referance in Tax journal so that GSTR is shown correctly for adjustment made
Tax direction requirment - extend validation
On the general ledger parameter, sales tax tab page, the parameter “Tax direction requirement” can be set = Yes. This validation now only validates that a tax direction is entered on a main accoutn, but not the tax direction value. If a main account has tax direction filled in as a legal entit...
[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...
ES - Catalan Sugary drinks Tax Management
The tax on packaged sugary drinks is a tax of the Generalitat de Catalunya, the purpose of which is to tax the consumption of packaged sugary drinks due to the effects they have on the health of the population and its main purpose is to encourage a change in consumption habits, as recommended by ...