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Customer Cash discount on VAT account

Posted on by 130

Hello!

Have you come acrross the situation that part of Customer Cash discount (25% somehow...) was posted on VAT account (in my case 9* account)? How to change it? Is this some parameter in setup in AX? I want full cash discount on Cash discount account (1*):

pastedimage1597918475057v1.png

Could you advise please?

  • Suggested answer
    Ludwig Reinhard Profile Picture
    Ludwig Reinhard Microsoft Employee on at
    RE: Customer Cash discount on VAT account

    Hi nuttka,

    On the sales tax group you have the parameter 'reverse sales tax on cash discount'.

    In addition, in the ledger posting groups you have the vendor/customer cash discounts accounts that are usually setup there.

    Best regards,

    Ludwig

  • nuttka Profile Picture
    nuttka 130 on at
    RE: Customer Cash discount on VAT account

    Hello Ludwig, yes, it is setup on Sales tax Group, correct?

  • Suggested answer
    Ludwig Reinhard Profile Picture
    Ludwig Reinhard Microsoft Employee on at
    RE: Customer Cash discount on VAT account

    Hi nuttka,

    That's a setup in your sales tax posting configuration.

    Before making a change there double check that this is really what you want because in my home country this is a common business practice to post a tax correction for cash discounts taken.

    I think other EU countries have similar rules.

    Best regards,

    Ludwig

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