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Asset taxation

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Posted on by IA-15041016-0

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Hi all,

I have a taxable fixed asset. When invoicing a fixed asset (I use a category) through a purchase order, I need to account for the VAT calculated on the asset amount in the accounting entry.

How can I configure this in the system?

I can manually add the "Tax Group" column and select the rate, but I want it to be applied automatically, just like it is for item purchases, where the vat is automatically determined based on the item tax group set on the item profile.

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Dynamics 365 Finance

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André Arnaud de Cal... 297,483 Super User 2025 Season 2 on at

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Asset taxation

Hi,

Can you illustrate your question with an example of the required outcome, please?

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CA Neeraj Kumar 652 on at

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Asset taxation

Hi,

Adding further for Sales tax group, please define the Sales tax group in Item posting profile.

Regards,
Neeraj Kumar

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CA Neeraj Kumar 652 on at

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Asset taxation

Hi ,

Have you already considered the option given at Procurement category to define the Item Sales Tax Group?

If not, please define the same and check the result in your case.

Regards,

Neeraj

If this helped, please mark it as "Verified" for others facing the same issue Keep in mind that it is possible to mark more than one answer as verified

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