(IND) Specify dates to calculate excise tax in invoices and journals [AX 2012]

Updated: March 27, 2012

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

You can specify the date that must be used to calculate excise tax in invoices and journals.

  1. Click General ledger > Setup > General ledger parameters.

  2. Click Sales tax, and in the Vendor calculation date type field, specify when the excise tax on purchase transactions should be calculated. The following options are available:

    • Delivery date – For a purchase invoice, calculate the excise tax based on the date when the product receipt is posted. In journals, calculate the excise tax based on the date when the invoice is posted.

    • Document date – For a purchase invoice, calculate the excise tax based on the document date for the product receipt. For journal transactions, calculate the excise tax based on the document date that is entered on the Invoice tab in the Journal voucher form.

    • Invoice date – For both purchase invoices and journals, calculate the excise tax based on the date when the invoice is posted.

    NoteNote

    If you post an invoice and do not update the item receipt, the excise tax is calculated based on the invoice date.

  3. In the Customer calculation date type field, specify when the excise tax on sales transactions should be calculated. The following options are available:

    • Delivery date – Calculate the excise tax in the sales invoice based on the date when the product receipt is posted. Calculate the excise tax in journals based on the date when the invoice is posted. If you post an invoice and do not update the packing slip, the excise tax is calculated based on the invoice date.

    • Invoice date – In both sales invoices and journals, calculate the excise tax based on the invoice posting date.


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

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