Microsoft Idea

New feature for applying the tax percents through values

Luis Miguel Lobo Jiménez on 5/18/2017 8:58:42 PM

I miss a new tax feature in the 'Sales tax codes' (ex. Values applied over Invoice date - Yes/No), to decide if the dates assigned over the 'Sales tax code values' are applied using the 'Date' (standard) or the 'Invoice date' (new feature), both dates assigned to the invoice journal line entry.

This new feature would permit us to decide which % will be applied over de invoice journal line entry depending of this new field.

Thank you all and kind regards.

STATUS DETAILS

Completed

Administrator on 12/30/2019 6:15:08 AM

Thank you for your feedback.

This feature is already supported as part of the functionality in General ledger parameters->Sales tax->Calculation date type

Please refer to the following information:

Select a calculation date type, which determines the sales tax rates to use if you have set up different rates for different dates.

Select Invoice date to calculate sales tax by using the sales tax percentage that is valid on the invoice document date or the date when the invoice is posted. If the Use document date for vendor invoices option is selected in the Accounts payable parameters page, the invoice document date is used. If that option is cleared, the date when the invoice is posted is used. This date is equal to the date in the Posting date field in the Vendor invoice page. This is the default value.
Select Delivery date to calculate sales tax by using the sales tax percentage that is valid on the delivery date. For invoice lines that are not associated with a purchase order, sales tax is calculated by using the sales tax percentage that is valid on the invoice document date or the date when the invoice is posted. If the Use document date for vendor invoices option is selected in the Accounts payable parameters page, the invoice document date is used. If that option is cleared, the date when the invoice is posted is used.
Select Document date to calculate sales tax by using the sales tax percentage that is valid on the date when you created the sales order. This date is equal to the date in the Invoice date field in the Vendor invoice page.

Sincerely,

PM, Eric Wang

Microsoft.

Comments

RE: New feature for applying the tax percents through values

Julia Kiva on 6/16/2020 12:14:23 PM

This doesn't work.
For Sales orders credit notes if I change this field to Document date.

So how it looks like:
If I use Invoice date - Vendor invoices work wrong. Those take "Date" instead of "Invoice date"
Delivery - doesn't apply for vendor invoices
Document - fixes Vendor invoice issue - brakes Sales order credit notes.

"Update vendor accounting using the Invoice date" doesn't override this setup for Vendor invoices.

Please tell me how that could be solved.
Thank you!
Julia

Category: Tax