features

KB10: Microsoft Dynamics’ feature on calculation of TDS

KB10: Microsoft Dynamics’ feature on calculation of TDS Nilesh Mandani

Mandatory fields for TDS calculation on general journal, purchase journal, purchase invoice, purchase order. Create General Journal or Purchase Journal Choose the  icon, enter General Journal or Purchase Journal, and then choose the related link. Select Vendor in Account Type and select relevant vendor code in Account No. field. Select G/L Account in Bal. Account Type and select relevant expense account in Bal.…

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KB9: Microsoft Dynamics’ Sales feature on Price Inclusive of Taxes

KB9: Microsoft Dynamics’ Sales feature on Price Inclusive of Taxes Nilesh Mandani

Microsoft Dynamics 365 includes a feature called Enable tax exemption for the ‘price includes sales tax’ scenario. When this feature is enabled, an option called Calculate price inclusive tax exempt appears on the General FastTab for store and call center settings. If this option is set to Yes, prices in tax-inclusive scenarios are adjusted when the transaction or specific taxes…

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