(IND) Calculate sales tax in an invoice approval journal [AX 2012]

Updated: November 8, 2012

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


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

  1. Click Accounts payable > Journals > Invoices > Invoice approval journal.

  2. Click Lines to open the Journal voucher form.

  3. Press CTRL+N on the Overview tab to create a new journal.

  4. Click Fetch vouchers to select a voucher.

  5. Click OK to close the form. The details of the voucher from the Invoice register form is displayed in the invoice approval journal line on the Overview tab.

  6. In the Journal voucher form, click the General tab.

  7. Select the sales tax group in the Sales tax group field.

  8. In the Item sales tax group field, select the group of sales tax codes that is used to calculate tax for an item. View the amount in the journal line in one of the following fields, based on the taxable basis defined.

    • Assessable value – The value of the journal line in the order line is displayed automatically in this field. The calculation of tax is based on the assessable value of the journal line.

    • Max. retail price – Enter the value if the basis of calculation for sales tax is on the maximum retail price of the item in the order line.

  9. Click the Tax information tab and select the address code in the Name field. The address of the company is displayed in the Address field and the tax registration number of the company in the Registration number field.

  10. Select the India sales tax form type in the Form type field.

  11. Click Sales tax to open the Temporary sales tax transactions form. The details of the sales tax amount for the transaction are displayed on the Overview tab.

  12. Click the Adjustment tab to adjust the sales tax amount, if needed, and click Apply.

  13. Click Formula designer to open the Formula designer form. View the calculation expression that is defined for each tax code in the item sales tax sales group. The fields in this form cannot be modified.

  14. Close the Formula designer form and the Temporary sales tax transactions form to return to the Invoice approval journal form.

  15. Click Functions > Purchase order to post the voucher.

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