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Support ability to assign an Item tax group on the asset lease

Kim Nelson on 10/10/2021 9:41:16 PM
Please add the ability to assign an item tax group to the asset lease so that taxes calculate automatically when the vendor invoice is created.
Category: Asset Leasing
STATUS DETAILS
Needs Votes
Ideas Administrator

Administrator on 10/12/2021 9:59:35 PM

Thank you for your feedback.
 
Currently this is not in our roadmap; however, we are tracking it and if we get more feedback and votes, we may consider it in the future.
 
Sincerely,
Mohamed Aamer, PM,
Microsoft.

Comments

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RE: Support ability to assign an Item tax group on the asset lease

Beth Zapadka on 8/8/2023 10:31:04 PM

Agreed - this is an important requirement. Please implement to make the process more efficient. Thank you.

Category: Asset Leasing

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RE: Support ability to assign an Item tax group on the asset lease

Khandavilli B Anjaneyulu on 12/20/2021 9:31:45 AM

Yes i too agree on this,

If a lease for a term of greater than 36 months i.e. long term or less than 36 months lease the lessor must collect all state and state-administered local Sales Tax/VAT from the lessee on all payments made pursuant to the lease. The lessor's acquisition of the property is considered a wholesale sale and is not subjected to sales or use tax.


Khandavilli B Anjaneyulu (Abhi)
D365 Finance Consultant
Wipro Limited.

Category: Asset Leasing

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RE: Support ability to assign an Item tax group on the asset lease

Gustavo Valbuena on 12/1/2021 2:56:29 PM

It is needed, it would help a lot !
Thanks

Category: Asset Leasing

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RE: Support ability to assign an Item tax group on the asset lease

Ludwig Reinhard on 11/23/2021 6:45:52 PM

That's urgently needed.
Would be great if you could fix this.
Otherwise, we need to apply interesting workarounds.
Thanks

Category: Asset Leasing