Henrik Larsen Scales A/S Senior Principal Consultant

Often we use tax codes marked as use tax to incur a duty expense on a purchase order because the duty invoice is received separately and settled against the accrued ledger balance.

However, when posting a product receipt, Dynamics 365 does not create the accounting events for use tax posting even though the accounting distribution has been generated correctly.

I would like to see the account distribution being posted correctly like non-use tax.

Many companies using standard cost for manufactured goods are also required to report inventory valuation and COGS using FIFO for local GAAP and IFRS accounting.

Global Inventory Accounting should be able to value inventory using FIFO.