Applies to Product - Dynamics 365 Finance
What’s happening?
The customer inquired about the possibility of extending the Payment Times Reporting Schema (PTRS) report to include all suppliers, not just those categorized as small businesses.
The customer inquired about the possibility of extending the Payment Times Reporting Schema (PTRS) report to include all suppliers, not just those categorized as small businesses.
Reason:
The PTRS report is designed in accordance with Australian government regulations to improve payment times for small businesses. Modifying it to include all suppliers may raise compliance concerns, and there are currently no known proof-of-concept cases that demonstrate the feasibility or advisability of such an extension.
The PTRS report is designed in accordance with Australian government regulations to improve payment times for small businesses. Modifying it to include all suppliers may raise compliance concerns, and there are currently no known proof-of-concept cases that demonstrate the feasibility or advisability of such an extension.
Resolution:
It is not recommended to proceed with modifications to the PTRS report without a thorough assessment of business and regulatory impacts. If the customer decides to proceed with customization, it is strongly recommended to conduct a compliance review to evaluate potential legal implications.
Alternatively, the customer may consider classifying the required vendors as small businesses within the system, which would allow their inclusion in the report without requiring modifications. Follow these steps to Identify small business suppliers
Further details at Payment times reporting schema - Finance | Dynamics 365 | Microsoft Learn
It is not recommended to proceed with modifications to the PTRS report without a thorough assessment of business and regulatory impacts. If the customer decides to proceed with customization, it is strongly recommended to conduct a compliance review to evaluate potential legal implications.
Alternatively, the customer may consider classifying the required vendors as small businesses within the system, which would allow their inclusion in the report without requiring modifications. Follow these steps to Identify small business suppliers
Further details at Payment times reporting schema - Finance | Dynamics 365 | Microsoft Learn