Hi all, We are implementing Aaxapta 4.0 for one of the customer.
I need to know how taxes has to be setup in AX for below mentioned is the scenario. For example: Item: Shirt Vendor: AAA Purchase Price = 100 Taxes Applicable: Custom Duty @ 5% on purchase price = 5 Doc Fee (Fixed amount per customs clearance)= 12 VAT @ 18% of customs+Doc fee = 18 * (5+12)/100 = 3.06 Total Import Duties paid = 5+ 12 +3.06 = 20.06 Clearing Agent = DHL During Import DHL pays the duties. But these duties are not paid to vendor AAA. When booking Purchase Order we need to Include the Duties and fee paid for calculating the Cost price. Total Purchase booked in AX = Purchase Price + Import Duties Paid = 100 +20.06 = 120.06. Vendor Balance will be increased by 120.06 Actual Vendor AAA sends Invoice for amount = 100. But in Ax invoice will be for 120.06. DHL sends a invoice for the amount of duties paid plus service charge. This has to be settled at month end. DHL fee @ 2.5% of Purchase price = 25 VAT 18% on DHL Fee = 4.5 DHL invoice = Total Duties Paid + Fee + VAT = 20.06 + 25.00 +4.50 = 49.56 How to book these transactions in purchase order, setup sales tax, book invoice and settle invoices. At the end of the month we need to find how much has to be paid for DHL and how much duties been paid through DHL. Tax has to be settled at the year end with the tax authorities. How these should be manged. Can any one please provide me a solution. Regards, Gayatri.
