(IND) View posted purchase transactions from an invoice journal [AX 2012]

Updated: December 5, 2012

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

Click Accounts payable > Journals > Invoices > Invoice journal.

NoteNote

This topic has not been fully updated for Microsoft Dynamics AX 2012 R2.

The steps that you take to create a journal line for excise transactions in the Invoice journal form are similar to those you use to create journal lines in the General journal form.

For example, you can create a journal line in the Invoice pool excl. posting form for a Small Scale Industry (SSI) vendor. The invoice date is used for the calculation because the Vendor calculation date type field is set as the Invoice date in the General ledger parameters form. For more information, (IND) View product receipts for posted purchase invoices using an invoice journal.

The formula for the calculation of excise transactions is defined in the Formula designer form as shown in the following table.

Tax code

Taxable basis

Calculation expression

BED

Line amount

AED

Excl. line amount

+[BED]

The journal line is entered in the invoice journal, validated, and then posted.

The following example shows how excise transactions are calculated in the invoice journal.

  • BED = (10,000.00 * 5%) = 500.00

  • AED = (500.00 * 2%) = 10.00

The amount origin and the tax amounts calculated are displayed in the Temporary sales tax transactions form.

NoteNote

For more information see Temporary sales tax transactions (form).

An excise duty of 510.00 is calculated based on the excise rates set on the invoice date. When the journal is posted, the RG23A Part II register is updated with the excise tax amount.

The following voucher entries are created when the journal is posted.

Account

Debit

Credit

Purchase receipt account

10,000.00

BED recoverable account

500.00

AED recoverable account

10.00

Vendor account

10,510.00


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

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