(IND) Define withholding tax information for vendors [AX 2012]

Updated: August 29, 2012

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

You can set up withholding taxes in the form of tax deducted at source (TDS), permanent account numbers (PAN), and tax account numbers (TAN) for vendors.

  1. Click Accounts payable > Common > Vendors > All vendors. Open the vendor record that you want to modify or, on the Action Pane, on the Vendor tab, in the New group, click Vendor to create a new vendor record.

  2. If you created a new vendor record, enter the required information. For more information, see Vendors (form)

  3. On the Invoice and delivery FastTab, select the Calculate withholding tax check box to calculate withholding tax for the vendor.

  4. In the Withholding tax group field, enter the default withholding tax group to use in vendor transaction payment journals.

  5. On the Tax information FastTab, in the Status field, select the status of the Permanent Account Number (PAN) for the vendor. The following options are available:

    • Not available – The vendor does not have a PAN.

    • Received – You have received a valid PAN from the vendor.

    • Applied – The vendor has applied for a PAN.

    • Invalid – You have received a PAN from the vendor, but it is not valid.

  6. If the PAN status is Received, enter the PAN in the Number field.

  7. If the PAN status is Applied, enter the reference number in the Reference number field.

  8. In the Nature of assessee field, select the nature of assessee category that the vendor belongs to.

  9. On the Addresses FastTab, select the address for which you are assigning a tax account number, and then click More options > Advanced.

  10. In the Manage addresses form, on the Tax registration FastTab, in the Withholding tax field group, select the tax account number for the selected address.

    NoteNote

    This field displays the TAN or withholding tax code that is created for the vendor's registration number type in the Enterprise tax registration numbers form.


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

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