(IND) VAT deferment transactions (form) [AX 2012]

Updated: November 22, 2012

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

Use this form to view deferment transactions for the selected invoices and periods. You can also view details of the transactions that are posted by selecting Capital items in the VAT items type field in the Purchase order form.


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

Click General ledger > Inquiries > Tax > India posted tax > VAT > VAT deferment. Enter selection criteria, and then click OK. In the VAT deferment balance form, click Deferment lines to open the VAT deferment transactions form.


Click General ledger > Periodic > India > VAT deferment. Click Deferment lines.


Click Accounts payable > Common > Purchase orders > All purchase orders. Double click the purchase order that contains Capital items in the VAT items type field. The purchase order must have a status of Invoiced. In the Purchase order form, on the Action Pane, on the Invoice tab, in the Journals group, click Invoice. In the Invoice journal form, on the Overview tab, click VAT deferment.


The tabs, buttons, and fields that are displayed in this form depend on where you opened the form from.

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




View the details of the purchase order that the invoice is attached to.

General Lines

View the details of the purchase order lines and VAT for the selected invoice.



Deferment schedule

Edit or inquire on the terms of the deferment schedule for this order.


Open the Voucher transactions form to view the ledger transactions details.

Deferment installment

Open the Deferment installment form to view the deferment schedule details of the selected transaction.


Transfer the deferred installments for posting to the recoverable account.



Purchase order

The purchase order number that the invoice is attached to.


The transaction date that the invoice or voucher is posted.


The invoice number.

Invoice number

The invoice number that the transaction is attached to.


The voucher number that the transaction is attached to.


The currency used for invoicing.

Invoice amount

The total invoice amount.

VAT amount

The total VAT amount calculated for the capital goods.


The item number.


The number of purchase units.

Unit price

The price per unit.


The amount in currency.

VAT amount

The VAT amount for the line.

VAT deferred

The VAT deferred amount for the invoice line.

VAT expense

The VAT expense amount for the invoice line.


VAT expense amount = VAT amount - VAT deferred amount.

Deferred amount

The total deferred amount for the selected period.

Deferment date

The deferment installment date for the transaction.


The source that the VAT transaction is posted from.

Transaction amount

The line amount for the transaction.

Deferment installment amount

The deferment installment amount for the selected date.

Transferred Amount

The amount transferred to the VAT recoverable account.

Journal name

The journal name used when posting to journals.

Journal batch number

The identification number of the journal transaction.

Tax group

The group of the tax codes that are calculated for sales and purchases.

Item tax group

The group of the tax codes that is calculated for an item.


The description of the allocation method for the selected deferment schedule.

Payment per

The description of the unit that allocation of payments is based on.


The number of period changes between the deferment installments.

Number of deferment

The number of deferment installment in the schedule.

Amount in transaction currency

The amount per deferment installment.


The minimum amount per deferment installment.

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