web
You’re offline. This is a read only version of the page.
close
Skip to main content

Announcements

No record found.

News and Announcements icon
Community site session details

Community site session details

Session Id :
Dynamics 365 Community / Forums / Finance | Project Operations, Human Resources, ... / SALES TAX SETTLEMENT
Finance | Project Operations, Human Resources, ...
Answered

SALES TAX SETTLEMENT

(0) ShareShare
ReportReport
Posted on by Dexin 487

Guys,

I encounter the issue below when i post the sales tax settlement

I was setup the tax authority with the vendor account tag in

However, when i run the sales tax settlement system prompt me the error below.

Anyone can advice 

System prompt imbalance sales tax posting

SALES-TAX-PAYMENT.PNG

Sales tax authority setup with valid vendor account

SALES-TAX-PAYMENT-1.png

  • Suggested answer
    Ramit Paul Profile Picture
    Ramit Paul 22,809 Most Valuable Professional on at

    Hi,

    Can you check the vendor setup if the vendor has group and posting profile account is enabled?

  • Dexin Profile Picture
    Dexin 487 on at

    The vendor account is working fine.

    I able to post transaction to the vendor account

    Below the the vend_trans records

    vendor-account.PNG

  • Suggested answer
    Ramit Paul Profile Picture
    Ramit Paul 22,809 Most Valuable Professional on at

    Hi,

    Your error states, there is no value in reporting currency, can you check your reporting currency setup and rates?

  • Dexin Profile Picture
    Dexin 487 on at

    I did not use reporting currency.

    I only maintain accounting currency.

    I can see my reporting currency field and reporting currency exchange rate was grey off

  • Suggested answer
    BillurSamdancioglu Profile Picture
    BillurSamdancioglu 21,487 Most Valuable Professional on at

    Can you please check Sql if you can where there are decimals that have more than 2 digit value.

  • Dexin Profile Picture
    Dexin 487 on at

    I found all the currencies setup with 2 decimal points only.

  • Verified answer
    BillurSamdancioglu Profile Picture
    BillurSamdancioglu 21,487 Most Valuable Professional on at

    Can you please check from sql for accounting currency amounts from taxtrans table. You may not see from the form.

  • Dexin Profile Picture
    Dexin 487 on at

    Oh yes.....thanks for your advice. Appreciate so much.

    it was due to taxtrans contained 4 decimals.

    How can i set the taxtrans in 2 decimal point?

    Is there a standard setup

  • BillurSamdancioglu Profile Picture
    BillurSamdancioglu 21,487 Most Valuable Professional on at

    No and this may be a huge problem. This is probably because of a development. Can you please check generaljournalaccountentry table for the same field?

Under review

Thank you for your reply! To ensure a great experience for everyone, your content is awaiting approval by our Community Managers. Please check back later.

Helpful resources

Quick Links

Season of Sharing Community Challenge Winners!

Congratulations to our community stars!

Women in Power Builds Momentum

Expanding mentorship, skilling, and AI innovation

Congratulations to the August Top 10 Community Leaders

These are the community rock stars!

Leaderboard > Finance | Project Operations, Human Resources, AX, GP, SL

#1
Martin Dráb Profile Picture

Martin Dráb 536 Most Valuable Professional

#2
André Arnaud de Calavon Profile Picture

André Arnaud de Cal... 363 Super User 2026 Season 2

#3
CU-1234529-002 Profile Picture

CU-1234529-002 188

Last 30 days Overall leaderboard

Featured topics

End-of-life Announcement for Microsoft Dynamics GP
License usage reporting (in-app and PPAC) with Entra dynamic groups

Product updates

Dynamics 365 release plans