VAT transactions are selected for the VAT register report based on the VAT register date. The VAT register date is specified according to business and tax rules, and in Microsoft Dynamics AX, it is based on the VAT codes.

You can define the setup for the VAT register date in the VAT report date codesform.

The VAT date code can be selected in the Customersand Vendorsform. When you create a sales or purchase order for a customer or vendor, the value in the VAT code field is used in the Sales order, Free text invoice, and Purchase orderforms. When you post an invoice, this value can be used in the Invoice postingform.

1. Click General ledger> Setup> Sales tax> VAT report date codesto open the VAT report date codesform.

2. Press CTRL+N to create a new line.

3. In the VAT report date codefield, enter an identification code for the VAT report.

4. In the Descriptionfield, enter the description of the VAT code.

5. On the Generaltab, in the In VAT reportfield, select the VAT reporting method from the following options:

   • With VAT report date– The entire invoice amount is shown on the report if the calculated date in the Date of VAT registerfield is within the report interval. This field is available in the Invoice postingform.

     Note
     For more information, see "Sales posting (form)" and "Purchase posting (form)" in the Applications and Business Processes Help.

   • With VAT report date not later than– In the Counted fromfield, if you select Transaction date, the earlier of the two dates is used as the date of the VAT register. This is the sum of the VAT invoice date and the value in the Number of daysfield. Otherwise, if you select VAT datein the Counted fromfield, the interval is determined by the sum of the date of the VAT register and the value in the Number of daysfield.

   • With date of physical payment– Select the Partial settlementscheck box to display the settled part of the invoice amount in the report, if the reporting interval includes the payment dates.

     Note
     If the Partial settlementscheck box is not selected, the invoice amount is not shown in the report until it is completely settled.

   • With date of physical payment not later than– Select the Partial settlementscheck box to display the settlements that belong to the report period in the report. If the calculated value in the Date of Vat registerfield belongs to the report period, then the entire invoice amount, excluding the settled amounts for the previous period, will be displayed in the report.

     Note
     If the Partial settlementscheck box is not selected, then, select the Transaction dateor VAT datein the Counted fromfield to specify the criteria to calculate the date of VAT register.

6. Select the VAT date is the same as payment datecheck box so that the value in the Date of VAT registerfield is equal to the value in Due datefield in the Invoice postingform.

7. Press CRTL+S or close the form.

8. Click Accounts receivable> Common Forms> Customer Detailsto open the Customersform.

   –or–

   Accounts payable> Common Forms> Vendor Detailsto open the Vendorsform.

9. Select a customer or vendor account.

10. On the Setuptab, in the VAT report date codefield, select the VAT code.

    Note
    For more information, see "Customers (form)" and "Vendors (form)" in the Applications and Business Processes Help.

11. Press CTRL+S or close the form.