News and Announcements icon

Dynamics 365 CommunityForums Finance | Project Operations, Human Resources, ... Automatically update t...

Finance | Project Operations, Human Resources, ...

Suggested answer

Automatically update tax rates and rules in D365 F&O

(1) Share

Report

Report

Posted on by CU05081340-2

31

Hi All,

I am working with one of the client for India & Singapore localizations in D365 F&O implementation.

I need your valuable inputs/guidance on below queries I have.

1. Automatically update tax rates and rules as they change, ensuring ongoing compliance with minimal manual intervention in D365 F&O. Is it possible to have tax rates automatically updated in the system as and when government changed the rates & rules? kindly advise me

2. Any guidance or key points for Singapore tax implementation in D365 F&O from your end. When I did some R&D, noticed GST is applicable but what are the important points to be considered for Singapore implementation.

Looking forward to your valuable response.

Thanks,

Durgarao.

Categories:

Dynamics 365 Finance

Microsoft Dynamics AX

All responses Img

All responses (2)

Answers Img

Answers (0)

André Arnaud de Cal... 291,391 Super User 2024 Season 2 on at

Like (0)

Report

Automatically update tax rates and rules in D365 F&O

Hi Durgarao,

Here are my two cents, but probably not a final answer.

1) I'm not familiar with possible localization features for India or Singapore. In Europe there is no feature for automatically having the tax rates updated. A possible automation from the standard application is hard as the application will not be aware by itself what tax code naming belongs to what rate.

2) You can find a list with localization features for Singapore here: Singapore overview - Finance | Dynamics 365 | Microsoft Learn. If your question is about important setup to meet the local regulations, you might reach out to a local Finance consultant in Singapore.
Suggested answer

Mohamed Amine Mahmoudi 9,818 Super User 2024 Season 2 on at

Like (0)

Report

Automatically update tax rates and rules in D365 F&O

Hi @CU05081340-2,

1. Yes you can do it by using DMF or custom service.

2. I don't know

Best regards,

Mohamed Amine MAHMOUDI

Helpful resources

Quick Links

Leaderboard

#1

André Arnaud de Cal... 291,391 Super User 2024 Season 2

#2

Martin Dráb 230,445 Most Valuable Professional

#3

nmaenpaa 101,156

Leaderboard

Featured topics

End-of-life Announcement for Microsoft Dynamics GP

Product updates

Dynamics 365 release plans