Make MTD (Making Tax Digital UK) feature available in all legal entities
Description of problem: Making Tax Digital functionality (ER configurations, data packages etc.) works fine only for entities with country\region = GBR. It has been assumed that company needs to be located in UK to be a UK tax payer. This assumption is completely incorrect. A company from any c...
Vendor purchase invoice posting error message
Posting purchase invoice got following error message with red cross: "Posting number: Z15 (manual invoice #) Number sequence is not a continuous number sequence." Actual error pertaining to "Tax Invoice ID" number sequence that was missing. Suggestion: System should display relevant message th...
Posted sales tax inquiry - filter missing
Hi, Clicking the posted sales tax inquiry menu item opens the respective form. Interestingly, there is no preset filter and as a result, opening the form might take a long time. Suggestion: Please allow users defining preset filters that are applied when opening the form and retrieving the rec...
Settle and post sales tax in batch
Hi, We currently lack a batch processing option in the settle and post sales tax form. Please provide this functionality. Many thanks, Ludwig
Settle and post sales tax in batch
Hi, We currently lack a functionality to run the 'settle and post sales tax' process in batch. This can result in a lengthy time until tax settlements are processed and posted. To accellerate the process we need a batch processing option. Thanks, Ludwig
Report 'Sales tax by vendor'
Report 'Sales tax by vendor' (Tax > Inquiries and reports > Sales tax reports) should include data for 'Conditional sales tax'. So far just include Sales tax data.
The exchange rate that is used for VAT calculation can differ from the exchange rate that is used for company accounting functions
VAT exchange rate Option to have a different exchange rate for VAT purposes. D365 picks the rate from the exchange rate type on the ledger and applies the same rate for the Revenue and VAT also. Customer need to have a separate exchange rate to be used for computing the VAT liability. (The law...
Separate number sequence for Transfer shipment and receive voucher in GST reference sequence group
In GST reference number sequence group, we have reference for Accounts receivable and accounts payable module for different transactions. But for stock transfer shipment and transfer receive voucher, no reference is there and system considers the reference of sales and purchase only for the same....
GST on Interest receivable on the basis of actual recovery
CGST Act,2017 section 13, Time of supply of services Time of supply of services, Section 13 of CGST Act,2017. Time of supply of services under section 13 of CGST Act,2017. Section 13 of CGST Act, 2017 explains Time of supply of services as below: 13.(6) The time of supply to the extent it rela...
Sales tax registration numbers in multiple European countries in one legal entity
Companies in Europe can have warehouses in multiple countries. Examples are consignment stock at a customer, toll manufacturers in another country or just having a warehouse close to the customers to have the shortest possible delivery times. These customers typically do not have a business / ...