title | description | author | ms.author | ms.topic | ms.custom | ms.date | ms.reviewer | ms.search.region | ms.search.validFrom | ms.dyn365.ops.version | |
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Set up a sales tax hierarchy and the setoff rules |
Learn how to set up a sale tax hierarchy and the setoff rules, including a step-by-step process for maintaining setoff hierarchy profiles. |
epodkolzina |
epodkolzina |
how-to |
|
06/05/2019 |
johnmichalak |
India |
2019-06-01 |
10.0.4 |
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Go to Tax > Setup > Sales tax > Sales tax hierarchies.
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Select New.
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In the Name field, enter a value.
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In the Structure field, select GTE hierarchy.
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Select OK.
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On the Versions FastTab, select Synchronize.
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Close the message that you receive.
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Select View.
The Sales tax hierarchy designer page shows the tax type and tax components, based on the configuration.
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Select Setoff rules for sales tax hierarchy, and then select New.
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In the Name field, enter a value, and then save the record.
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On the Recoverable and Payable FastTabs, select the tax components, and adjust the priority values.
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Define the setoff rules according to the legal requirement.
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Select Save, and then select Close.
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Close the Sales tax hierarchy designer page.
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Select Activate, and then select Close.
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Go to Tax > Setup > Sales Tax > Maintain setoff hierarchy profiles.
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Select New.
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In the Effective date field, enter a value.
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In the Hierarchy field, select a value.
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Select OK, and then select Activate.
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Select Yes.
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Close the message that you receive, and then close the page.
- Go to Tax > Setup > Sales tax > GST minor codes.
- Select New to create a record.
- In the Tax component field, select a value.
- In the Minor code field, enter a value.
- In the Description field, enter a value.
- Select Save, and then select Close.
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