(IND) Expense journal (modified form)

  • Article

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

Click Project management and accounting > Journals > Expense. Select an expense journal, and then click Lines.

–or–

Click Project management and accounting > Common > Projects > All projects. On the Action Pane, on the Project tab, in the Journals group, click Expense. Select a journal line, and then click Lines.

Use this form to create and post transaction lines for project expenses.

Tip

You can also create transactions for project expenses in the General journal form.

Note

The controls that are described in this topic apply only to your country/region. For full documentation of this form, see the following topic or topics:

Expense journal (form)

Tabs

Tab

Description

Tax information

View the India tax information for project transaction expenses. This tab is available when one of the following conditions is met:

  • At least one tax is selected in the Apply India taxes field group in the Sales tax area in the General ledger parameters form.

  • At least one of the Activate TDS and Activate TCS check boxes is selected in the Direct taxes area in the General ledger parameters form.

Cost 
(On the Tax information tab)

View the India tax information related to the purchase cost for expense transactions.

Invoice 
(On the Tax information tab)

View the India tax information related to the sales price for expense transactions.

Fields

Field

Description

Assessable value

Enter the assessable value for the cost on the expense journal line. The default value for this field is 0 (zero), but you can change it.

IEC number

The Importer-Exporter Code (IEC) number for the organization.

Customs tariff code

Select the export tariff code for the project transactions.

STC number

The Service Tax Code (STC) number for the primary address for the project that you are charging on the transaction.

VAT commodity code

Select the value-added tax (VAT) commodity code to assign to the transaction.

Registration number

The registration number for reporting India sales tax for the primary address that you assigned to the transaction.

India sales tax form type

Select the form type for reporting the India sales tax for the registration number.

Tax Account Number (TAN)

The Tax Account Number (TAN) that is assigned to the transaction based on the address for the project.

Max. retail price

Enter the maximum retail price for the expense journal line. The default value for this field is 0 (zero), but you can change it.

Tax Identification Number (TIN)

The Tax Identification Number that is assigned to the address for the transaction.

Service code

Select the service code to assign to the transaction.

TCS group

Select the Tax Collected at Source (TCS) group to calculate the TCS for the expense journal line.

TDS group

Select the Tax Deducted at Source (TDS) group to calculate the TDS for the expense journal line.

Location

Select the location to associate with the expense journal line. Although selecting a location is an optional step, doing this provides defaults for other fields in the form. For example, when you select a location, the Tax information field automatically displays the value that was entered for the location in the Manage addresses form. The address for the location appears in the Address field.

Tax information

Select the tax information for costing that is assigned to the project, depending on the address of the selected location.

Excise type

Select the excise type for the project from the following options:

  • None – The project transactions do not result from manufacturing or distributing excisable goods.

  • Manufacturer – The project transactions result from manufacturing excisable goods.

  • Trader – The project transactions result from distributing excisable goods.

ECC number - others

The excise control code for the primary address assigned to the project.

Excise tariff code

Select the excise tariff code assigned to the project.

Excise record type

Select the type of the excise record based on the excisable expense transactions.

Direct settlement

Select the excise register that the excise amount updates without using the settlement process.

CENVAT credit availed

Select this check box to indicate that the Central Value Added Taxes (CENVAT) credit is used for the calculated excise amount on the expense journal line.

GTA service category

Select the category of service that was provided by a Goods Transport Agency (GTA) commercial vendor.

This field appears in the form only when the Service tax check box is selected in the Apply India taxes field group in the Sales tax area in the General ledger parameters form.

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