Using the Include corrections check box

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

The following example shows how you can use the Include corrections check box in the Sales tax area of the General ledger parameters form.

Example

You report and settle the sales taxes for April. The amount paid to the tax authority is 1,000.00. Later, you create an invoice with an invoice date of April 1 for 100.00 plus sales tax of 25.00. You settle the sales taxes for May. The balance to settle for this period is 500.00.

Because you selected the Include corrections check box, the sales tax of the April 1 invoice, 25.00, is included in the sales tax report for May and is part of the 500.00 that is paid to the tax authority.

View the corrections for a settlement period

You can use the Posted sales tax corrections form to view the corrections that are included in a specific settlement period.

  1. Click General ledger > Setup > Sales tax > Sales tax settlement periods.

  2. Select a sales tax settlement period code.

  3. Click the Periods FastTab and select a settlement period.

  4. Click Sales tax payments. In the Sales tax payments form, click Posted sales tax corrections.

See also

General ledger parameters (form)

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