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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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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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nuttka 130 on at

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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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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

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