(IND) On-account (modified form) [AX 2012]

Updated: September 6, 2012

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

Click Project management and accounting > Inquiries > Transactions > On-account.

–or–

Click Project management and accounting > Common > Projects > All projects. On the Action Pane, on the Manage tab, in the Bill group, click On-account transactions.

–or–

Click Project management and accounting > Common > Projects > All projects. On the Action Pane, on the Maintain tab, in the Bill group, click On-account transactions.

Use this form to enter on-account transactions on projects. The information entered in this form differs depending on the project type.

NoteNote

The controls that are described in this topic apply only to your country/region. For full documentation of this form, see the following topic or topics:

On-account transactions (form)

Tab

Description

Tax information

Enter tax information by location for a project. The selected tax information is used to calculate local taxes on inventory items consumed in the project.

Field

Description

TDS group

Select the Tax Deducted at Source (TDS) group to calculate the TDS for the transaction.

TCS group

Select the Tax Collected at Source (TCS) group to calculate the TCS for the transaction.

Assessable value

Enter the assessable value for the sales price on the transaction.

Max. retail price

Enter the maximum retail price for the transaction.

This value becomes part of the basis for calculating tax on the transaction when the item sales tax group for the transaction contains at least one tax code that has Max. retail price in the Taxable basis field in the Formula designer for the Item sales tax groups form in General ledger. When Taxable basis indicates Max. retail price, tax is calculated on the maximum retail price, even if the actual price is lower (it cannot exceed the maximum).

The default maximum retail price for the transaction is the amount in the Max. retail price field in the Base sales price field group on the Sell FastTab in the Released product details form in Product information management. You can change this value.

If the transaction currency differs from the accounting currency, the Max. retail price field contains the value after conversion to the accounting currency.

Location

Select the location to assign to the transaction. The address for the location appears in the Address field.

Tax information

Select the tax information, based on the address, for invoicing the project.

Tax Identification Number (TIN)

The Tax Identification Number that is assigned to the address for the transaction.

VAT commodity code

Select the value-added tax (VAT) commodity code to assign to the transaction.

Registration number

The registration number for reporting India sales tax for the primary address that you assigned to the transaction.

Form type

Select the form type for reporting the India sales tax for the registration number.

IEC number

The Importer-Exporter Code (IEC) number for the organization.

Customs tariff code

Select the export tariff code for the project transactions.

Excise type

Select the excise type for the transaction from the following options:

  • None – The transaction does not result from manufacturing or distributing excisable goods.

  • Manufacturer – The transaction results from manufacturing excisable goods.

  • Trader – The transaction results from distributing excisable goods.

ECC number - others

The excise control code for the primary address assigned to the project.

Excise tariff code

Select the excise tariff code to assign to the transaction.

Excise record type

Select the type of the excise record based on the excisable expense transactions.

Direct settlement

Select the excise register that the excise amount updates without using the settlement process.

STC number

The Service Tax Code (STC) number for the primary address for the project for which you are creating the transaction.

Service code

Select the service code to assign to the transaction.

Tax Account Number (TAN)

The Tax Account Number (TAN) that is assigned to the transaction based on the address for the project.


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

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