What's new: Country/region-specific features for the Czech Republic (CZE)

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Important

This content is archived and is not being updated. For the latest documentation, see Microsoft Dynamics 365 product documentation. For the latest release plans, see Dynamics 365 and Microsoft Power Platform release plans.

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

In Microsoft Dynamics AX 2012 R2, we changed and added country/region-specific functionality for the Czech Republic. For more information, see the tables that apply to your version of the product.

For more information about specific features for the Czech Republic, see TechNet Library for Application Users – Czech Republic.

What’s new in AX 2012 R2

What’s new

Description

Cash discounts in the Czech Republic

In the Czech Republic, cash discounts are now included when unrealized exchange rate gains and loss adjustments are calculated.

Support for intracommunity value-added tax (VAT) for the Czech Republic

Intracommunity VAT can be posted as two tax transactions.

For more information, see (CZE) About intra-community VAT and (CZE) Set up intra-community VAT transactions.

Half-yearly depreciation on the disposal and sales of fixed assets

In the Czech Republic, half the yearly depreciation for a fixed asset can be applied for tax purposes when the asset is sold or otherwise disposed of, regardless of the disposal date. A new option in the Depreciation proposal form enables half-yearly depreciation.

For more information, see (CZE) Apply half-yearly depreciation for tax purposes.

Additional VAT information can be included on tax transactions.

Additional information about the VAT register date can now be included on tax transactions. When you generate the Sales tax reconciliation report, this additional information is included.

For more information, see (CZE) Sales tax groups (modified form) and (CZE) Sales tax (report).

What’s new in cumulative update 7 for Microsoft Dynamics AX 2012 R2

What’s new

Description

Create tax corrective documents for sales returns, sales discounts, and VAT corrections.

You can create a tax corrective document for sales returns, sales discounts, and VAT corrections when the amount that the customer pays is lower than the amount on the original invoice. You can create tax corrective documents for customer invoices, free text invoices, and project invoices that contain the following information:

  • The invoice number of the original invoice

  • The VAT base amount and the amount of the original invoice

  • A reason for the correction

For more information, see (CZE) Set up and create a tax corrective document.