(ESP) Set up a Spanish VAT book [AX 2012]

Updated: December 11, 2010

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

Spanish companies must submit Value-Added Tax (VAT) declarations to the Spanish tax authorities. VAT transactions must be listed in periodic reports and included in the appropriate VAT book, such as VAT receivable, VAT payable, and capital allowance.

Use the Spanish VAT books form to create VAT book types and assign sales tax codes to the VAT books.

(ESP) This form is available only to legal entities whose primary address is in Spain.

  1. Click General ledger > Setup > Sales tax > Spain > Spanish VAT books.

  2. Create a new VAT book and enter a description.

  3. In the VAT book field, select Sales tax receivable, Sales tax payable, or All the books as the VAT book type.

  4. In the Number sequence code field, select a number sequence code.

  5. Click the Setup FastTab to select a sales tax code and an equivalence charge code. The sales tax code that you select determines the VAT book in which the VAT transactions are included. You can select an equivalence charge code, which is a Spanish sales tax.

  6. Enter the required fields and close the form to save your changes.

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