Is there a way to configure partial tax exemptions?

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Posted on by Neeraj Kumar Gudapati

In the "Sales tax groups" form, under "Setup" FastTab, we have an option to exempt sales tax from being calculated. Is there a way we can select what percentage of a particular sales tax code is exempted? Say for example, there is a tax code with 10% as its value and 25% of it is exempted from sales tax, how do we achieve this requirement?

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Ludwig Reinhard Microsoft Employee on at

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Hi,

In the sales tax code form there is a link to the values that have been setup.

Open this form and there you can specify how much of a sales tax is tax deductible.

Example:

Best regards,

Ludwig

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Ramit Paul 22,797 Most Valuable Professional on at

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Hi Neeraj,

Like Ludwig shared, that non deductible percentage is for reporting/non reporting tax amount.

Please note- if you add 25% in that column, means. 25% vat will be posted to your expense account as you mentioned 25% is non deductible VAT and rest 75% will be in VAT.

I suggest you to share your exact scenario to avoid mis management in VAT.

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Neeraj Kumar Gudapati on at

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Thanks Ludwig for the reply!

Could you please tell me the Environment version information of the system from which you took that screenshot? (Can find those details on LCS environment page)

I do not see the "Non deductible %" field at my end and here is my environment version information.

Application release - Microsoft Dynamics 365 for Finance and Operations (10.0.13)

Platform release - Update37 (7.0.5746.35610)

Here's a screenshot of what I see at my end.

Thanks again for the response!

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Neeraj Kumar Gudapati on at

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Hi Ramit,

Thanks for the reply!

I confirm that yours and Ludwig's understanding of my question is correct but just that I don't see the field which Ludwig highlighted in his post.

Thanks again!

Neeraj

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Ramit Paul 22,797 Most Valuable Professional on at

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Hi,

Can you add a field if not there?

It is a standard field so it should be there.

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Neeraj Kumar Gudapati on at

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Hi Ramit,

I did try that. The field is just not there.

Perhaps, customization is my last option.

Thanks,

Neeraj

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Ramit Paul 22,797 Most Valuable Professional on at

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Hi,

Please tell me the company you are using? I mean which country?

I can check from my end.

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Neeraj Kumar Gudapati on at

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Thanks Ramit,

It was my mistake. I was looking under the incorrect country. I needed it for Denmark and the "Non deductible %" field is available for Denmark.

I truly appreciate your time and assistance on this!

Regards,

Neeraj

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Ramit Paul 22,797 Most Valuable Professional on at

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Glad, we could assist you.

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lillianli 88 User Group Leader on at

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Hi Ramit, I met same requirement in US company, and I don't have this Non deductible field from my side, please kindly help!

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