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Dynamics 365 Community / Forums / Finance | Project Operations, Human Resources, ... / VAT credit note re sal...
Finance | Project Operations, Human Resources, ...
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VAT credit note re sales from a period with different VAT rate

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Posted on by Sten Baumgarten 8

VAT rates can be changed by legislation in a country. For that purpose it is possible to have different VAT rates on a sales tax code. This example is from D365FO legal entity DEMF.

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Agreements can exist with a customer that the customer can return items purchased in a period where the vat rate is different that the current rate. 

When I create a sales order the sales order use todays vat rate.

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NB. I do not have the original sales order in the system.

Is the only solution to create different sales tax codes with different vat rates or can I utilize the setup of the sales tax code value with different vat rates for different periods are available?

Categories:
Financial Management
  • nunomaia Profile Picture
    nunomaia 10,682 Moderator on at
    RE: VAT credit note re sales from a period with different VAT rate

    Personally, I always prefer adding new tax codes to help identify rates and reconciliation in tax declarations. Like Andre mentioned in Sales Order you can control tax rate by shipping date, but it will affect other tax areas.    

  • Suggested answer
    saurabh bharti Profile Picture
    saurabh bharti 14,918 Moderator on at
    RE: VAT credit note re sales from a period with different VAT rate

    May be you can try changing some date which can trigger the tax rate for that period

  • Suggested answer
    André Arnaud de Calavon Profile Picture
    André Arnaud de Cal... 283,860 Test role Public on at
    RE: VAT credit note re sales from a period with different VAT rate

    Hi Sten,

    Usually, in case of tax rate differences, we did change the rate with a start date, but created a new tax code for the old rate. In your scenario, you can try to change the delivery date on the return sales order to the original sales date, but this will only work when the tax parameters are set to use the delivery date instead of invoice date.

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