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Customer Cash discount on VAT account

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Posted on by nuttka

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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*):

Could you advise please?

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Ludwig Reinhard Microsoft Employee on at

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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 130 on at

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RE: Customer Cash discount on VAT account

Hello Ludwig, yes, it is setup on Sales tax Group, correct?
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Ludwig Reinhard Microsoft Employee on at

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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