(IND) General ledger parameters (modified form)
Applies To: Microsoft Dynamics AX 2012 R3, Microsoft Dynamics AX 2012 R2
Click General ledger > Setup > General ledger parameters.
Use this form to set up parameters for General ledger. You can use this form to do the following:
Select among various types of functionality.
Enter default information to use if the information has not been specified at a lower level.
Select number sequences that are related to General ledger.
Set up postdated checks for vendors and customers.
Enable letters of credit and letters of guarantee.
Before you can select some default values, you must set up the values in other forms. To open the form where you can create values, position the pointer in the field, right-click, and then select View details.
Nota
The controls that are described in this topic apply only to your country/region. For full documentation of this form, see the following topic or topics:
Navigating the form
Tab
Tab |
Description |
---|---|
Direct taxes |
Enable the tax parameters that are used to set up direct taxes. |
Button
Button |
Description |
---|---|
Incentive schemes |
Open the Incentive scheme parameters form, where you can set up the parameters for the export-import (EXIM) incentive schemes. |
Fields
Field |
Description |
---|---|
Financial statements |
Select this check box to enable financial statements. |
Activate incentive schemes |
Select this check box to enable EXIM incentive schemes. |
Charges |
Select this check box to enable charges. |
VAT |
Select this check box to enable value-added tax (VAT). |
Sales tax |
Select this check box to enable sales tax. |
Excise |
Select this check box to enable excise tax. |
Service tax |
Select this check box to enable service tax. |
Customs |
Select this check box to enable customs tax. |
Vendor calculation date type |
Select the date type to use to calculate the excise duty for purchase transactions. Select from the following options:
|
Customer calculation date type |
Select the date type to use to calculate the excise duty for sales transactions. You can select from the following options:
|
Tax recoverable on full payment |
Select this check box to transfer the service tax to the recoverable account only when the invoice is fully settled. |
Accounting basis |
Select the accounting basis to use to calculate service tax. The accounting basis determines the date when you are liable for the payment of service tax. The option that you select in this field determines the accounting basis that can be used for item sales tax groups. You can select from the following options:
|
Activate TDS |
Select this check box to enable Tax Deducted at Source (TDS). |
Invoice |
Select this check box to enable the calculation of TDS for invoices. |
Payment |
Select this check box to enable the calculation of TDS for payments. |
Activate TCS |
Select this check box to enable Tax Collected at Source (TCS). |
Invoice |
Select this check box to enable the calculation of TCS for invoices. |
Payment |
Select this check box to enable the calculation of TCS for payments. |
Apply tax on cross company payments |
Select this check box to list TDS groups and TCS groups of the invoice legal entity for cross-company payments. Nota This check box is available only if the Payment check box is selected in the Tax deducted at source field group or the Tax collected at source field group. |
See also
(IND) Request for quotation details (modified form)
(IND) Specify dates to calculate excise tax in invoices and journals
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