94
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
New
Ideas Administrator

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

K

Hi, tax groups are very important and urgently needed!Moreover I would like to point that regular payment normally (in many countries) means receiving purchase invoice. In practice it means:a) tax transactionb) other costsc) invoice may concern many lease agreements and lease assetsd) invoice may come from internal workflow (with other tipical invoices)e) etc.Having all above in mind creating lease journal via payment schedule seems to be not sufficient. Please consider ability of posting leasing invoices through invoice journal, pending invoices etc. with ability of selecting lease agreement in the invoice line (similar to posting fixed assets) or at least lease journal should be editable as mentioned in idea: Asset Leasing - Add and Edit lines in asset leasing journalThanks

Category: Asset Leasing

K

It is really needed. Monthly payments/invoices are with VAT Thanks

Category: Asset Leasing

K

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

Category: Asset Leasing

K

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

K

It is needed, it would help a lot !
Thanks

Category: Asset Leasing

K

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

Category: Asset Leasing