(LTU) Set up VAT paid by the customer [AX 2012]

Updated: October 17, 2012

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

Under certain conditions, sales or purchase VAT is calculated and paid by the customer or vendor, if the customer or vendor is registered in Lithuania as a VAT payer. These conditions include:

  • The company is buying or selling wood and woodenwares, such as logs, planks, or beams.

  • The company is buying or selling ferrous/non-ferrous items or products, including waste or debris.

  • The company is bankrupt.

When the sales and purchase orders are marked as Not in invoice in the Sales tax codes setup form, the VAT paid by the customer is excluded from the tax calculated in the invoice register reports. The sales invoice register (FR0672) and the purchase invoice register (FR0671) reports are modified to display the amount of VAT paid by the customer (reverse charge VAT case) and the VAT that pertains to purchase and sales orders issued by United VAT companies.

NoteNote

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

  1. Click General ledger > Setup > Sales tax > Sales tax codes.

  2. Press CTRL+N to create a new line.

  3. In the Sales tax code field, enter a VAT code.

  4. Click the General FastTab.

  5. Select the Exclude from invoice check box to exclude the sales tax code with a negative percentage from the VAT specification in the invoice reports and the invoice registers.

    NoteNote

    Select the Exclude from invoice check box only for the sales tax code with a negative VAT percentage.

  6. Click the Tax directives button to enter the language and description for the new sales tax codes.

  7. Press CTRL+S or close the form.

  8. Click General ledger > Setup > Sales tax > Sales tax groups.

    NoteNote

    For more information, see "Sales tax groups (form)" in the Applications and Business Processes Help.

  9. Press CTRL+N to create a new line.

  10. In the Sales tax group field, enter a sales tax group.

  11. Click the Setup tab.

  12. In the Sales tax code field, select the sales tax code with a negative VAT percentage to attach the sales tax codes to the sales tax groups.

    NoteNote

    You must also attach the sales tax code that you created with a normal VAT percentage.

  13. Press CTRL+S or close the form.

  14. Click General ledger > Setup > Sales tax > Item sales tax groups.

    NoteNote

    For more information, see "Item sales tax groups (form)" in the Applications and Business Processes Help.

  15. Press CTRL+N to create a new line.

  16. In the Item sales tax group field, enter an item sales tax group.

  17. Click the Setup tab.

  18. In the Sales tax code field, select the sales tax code with a negative VAT percentage to attach the sales tax codes to the item sales tax group.

    NoteNote

    You must also attach the sales tax code that you created with a normal VAT percentage.

  19. Press CTRL+S or close the form.


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

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