Tax Calculation service – supporting multiple VAT ID (preview)
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|Enabled for||Public preview||General availability|
|Users by admins, makers, or analysts||Apr 16, 2021||Oct 8, 2021|
Tax Calculation service is a configurable globalization microservice that enhances the tax determination and calculation capabilities in Dynamics 365 Finance, Dynamics 365 Supply Chain Management, and Dynamics 365 Project Operations. It provides a flexible tax determination matrix and configurable tax calculation designer to comply with local tax regulations.
This feature is part of the Tax Calculation service to support multiple VAT ID determination for a single legal entity and its counterparties.
- Maintain multiple VAT IDs under one single legal entity.
- Maintain multiple VAT IDs under one single customer or vendor.
- Auto-determine the correct legal entity VAT IDs on transactions.
- Auto-determine the correct counterparty VAT IDs on transactions.
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