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Sales tax payment (class form) [AX 2012]

Updated: December 21, 2012

Applies To: Microsoft Dynamics AX 2012 R3, Microsoft Dynamics AX 2012 R2, Microsoft Dynamics AX 2012 Feature Pack, Microsoft Dynamics AX 2012

Click General ledger > Periodic > Sales tax payments > Sales tax payments.

Use this form to calculate the sales tax that is due for a given period. The settlement calculation includes the posted sales tax for the selected settlement period for the tax transactions in the Posted sales tax form. The calculation includes only the sales tax that has not yet been paid to the sales tax authority.

You can make several payments for a single period. To post the settlement automatically, specify a number sequence for the sales tax payment voucher in the Number sequences area of the General ledger parameters form.

If you have created a vendor account for the sales tax authority for the settlement period, a vendor transaction is created automatically when you select the Update check box and then click OK. If no vendor account is specified, a user must manually create a payment to the sales tax authority to pay the sales tax that is owed for the settlement period.

TipTip

To report the sales tax payment correctly to the sales tax authority, select the correct report format in the Report layout field in the Sales tax authorities form. To print or view the settled sales taxes for a settlement period, specify the report details in the Sales tax payments form.

The following table provides descriptions for the controls in this form.

Field

Description

Settlement period

Select the settlement period for which to calculate the sales tax payment.

From date

Specify the first day of the sales tax settlement period to be calculated. This corresponds to the date in the From date field in the Sales tax settlement periods form.

Transaction date

Specify the date for which the sales tax report is calculated. The default value is the system date.

For example, if you enter the ending date of the settlement period that is used in the From date field, the sales tax payment is calculated for all transactions that are posted in the settlement period.

Sales tax payment version

Select the type of transactions to include in the sale tax payment calculation:

  • Original – Sales tax transactions of the first posted settlement calculation for the period interval.

  • Corrections – Sales tax transactions that are not included in the first posted settlement calculation for the period interval. The report includes all subsequent payments that are posted for the settlement period.

  • Latest corrections – Sales tax transactions that are included in the most recent settlement calculation made for the period. If you select the Update check box and this option, the settlement calculation of the current job is the most recent settlement calculation.

  • Total list – All sales tax transactions to be settled in the current period.

NoteNote

This field is not available if you select the Include corrections check box in the Sales tax area of the General ledger parameters form.

Update

Select this check box to post the sales tax payment calculations for the settlement period.


Announcements: To see known issues and recent fixes, use Issue search in Microsoft Dynamics Lifecycle Services (LCS).
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