(IND) VAT deferment transactions (form)

Article
05/14/2014

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.

Note

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

Open the form

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.

–or–

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

–or–

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.

Note

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

Tasks that use this form

(IND) View VAT deferment transactions

Navigating the form

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

Tabs

Tab	Description
Overview	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.

Buttons

Button	Description
Deferment schedule	Edit or inquire on the terms of the deferment schedule for this order.
Voucher	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	Transfer the deferred installments for posting to the recoverable account.

Fields

Field	Description
Purchase order	The purchase order number that the invoice is attached to.
Date	The transaction date that the invoice or voucher is posted.
Invoice	The invoice number.
Invoice number	The invoice number that the transaction is attached to.
Voucher	The voucher number that the transaction is attached to.
Currency	The currency used for invoicing.
Invoice amount	The total invoice amount.
VAT amount	The total VAT amount calculated for the capital goods.
Item	The item number.
Quantity	The number of purchase units.
Unit price	The price per unit.
Amount	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. Note 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.
Source	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.
Allocation	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.
Change	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.
Minimum	The minimum amount per deferment installment.