(IND) Create withholding tax journal (form) [AX 2012]

Updated: October 17, 2012

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

Click General ledger > Journals > General journal. Click Lines, and then click Functions > Create withholding tax journal.

Use this form to adjust the tax that is created from tax journals.

The following tables provide descriptions for the controls in this form.

Button

Description

Transfer

Transfer the calculated tax to the general journal.

Calculate tax

Calculate the withholding tax for the transaction.

Select transaction

Open the Customer transactions or Vendor transactions form, where you can select a voucher.

Field

Description

Tax type

Select one of the following tax types for adjustment:

  • TDS

  • TCS

Tax group

Select the tax group to calculate withholding tax.

Tax direction

Select the direction of the adjusted tax from the following options:

  • Recoverable – Tax amount recoverable from the tax department.

  • Payable – Tax amount payable to the tax department.

Customer

Select the customer account where the tax is being adjusted.

Vendor

Select the vendor account where the tax is being adjusted.

Voucher

The voucher related to the transaction.

Default offset account type

Select the offset account type from the following options:

  • Customer

  • Vendor

  • Project

  • Bank

  • Ledger

  • Fixed assets

Default offset account

Select the offset account for the transaction.

Amount origin

Enter the base amount for tax calculation.

Transaction date

Update the transaction date.

Tax code

The tax code for the transaction.

Tax component

The tax component for the transaction.

Account

The account code for the transaction.

Amount

The calculated tax amount for the transaction.


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

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