Global Withholding Tax during Vendor Prepayment
During the time of Vendor Advance Payment, system does not calculate Withholding tax. Expectation from the system is to calculate withholding tax even at the time of Vendor prepayment.
GST is not getting computed on Fixed Asset Transfers
Under GST law. if a fixed asset is transferred from one registration number to another, then GST should be computed, however, there is no such provision in the system. 1.In the Navigation pane, go to Modules > Fixed assets > Fixed assets > Fixed assets. 2.In the list, find and select the fixed a...
Delivery Challan with GST information for Subcontracting material trans
There is no functionality in Dynamics 365 to create a delivery challan with India GST information as per the standard format for material sent for sub contracting. This is a common business practice in India and users are unable to get this information
Global withholding tax- Withholding tax posting behavior for Australian entities should be calculated based on gross amount of payment
With the current system behavior, the withholding tax amount is currently deducted from the payment. However, as per legal requirement in Australia referencing Documents quoting supplier's ABN | Australian Taxation Office, withholding tax should be calculated and recorded into the system based...
Access Role for filing UK VAT Making Tax Digital to HMRC via Electronic Reporting
Business Scenario:
Tax filing is expected to be done by a team member within Tax or Finance Department. He/she is not expected to have any major control instead their job is only to review the tax reports and file the Tax Returns. As per D365 Finance the tax filin...
Not possible to identify which sales tax transaction was not included in "settle and post sales tax" periodic task
Business process/setup
Company is based in UK but this might occur in different entities location
Company use Date of VAT register global feature: Tax point date (Date of VAT register) - Finance | Dynamics 365 | Microsoft Learn
Company run ‘settle and post” based o...
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...
IN- In all the requisite forms GST transaction id and original invoice id should be linked and displayed
Along with the GST transaction id, the original invoice Id should display in all the forms where the user needs Invoice information for settlement, ageing, reconciliation and reporting purposes.
India GST Tax Information to be made editable when Workflow is enabled for Purchase Order at Invoice level
PO will have multiple levels of workflow approvals . The actual HSN/SAC code may change that is filled by Purchase team and Finance team will need to change it before Invoice posting For changing it it is not possible to edit the PO again and go through workflows again referance lcs link ht...
Sales Discount & Sales Tax: How to exclude discount from calculated Sales Tax?
Customer is faced with a situation where we need to exclude the discount given to certain products from being included in the sales tax calculations. Example: - we have a product with a sale price of 1000 - the tax is 17% - we want to give the customer a 10% discount, but we have to maintain the ...