Hi,
With the 15% VAT rate change coming into force next Monday, I wondered what the recommended way of handling this is for Navision. The training guides suggest that a new VAT Product Posting Group should be setup (e.g. 'VAT15') and then copy the VAT Posting Setup from the existing code and amend the rate. The downside is then you would need to amend the 'VAT Product Posting Group' on all the Item/Resource/GL accounts.
Is this how most users do it, or do they just amend the rate on the existing VAT Product Posting Group? I'm guessing by setting up a new rate it helps VAT reporting when the rate changes mid VAT period.
Any help appreciated,
Jonathan
0
Comments
I'm sure there is also one for the UK change. did you have searched the partnersource knowledge base?
Regards
I found details of the 'VAT Rate Raise Tool' which is specific to the German version, but nothing for the UK version.
http://www.trestria.co.uk/Blog/tabid/125/EntryID/10/Default.aspx
Tres Tria Limited
https://www.microsoft.com/uk/dynamics/default.mspx
Tres Tria Limited
http://www.microsoft.com/uk/dynamics/vat.mspx
http://download.microsoft.com/documents/uk/dynamics/VAT_ChangeNav.pdf
http://download.microsoft.com/documents/uk/dynamics/MicrosoftDynamicsUserGuideChapter8.pdf
Hi Jonathan,
You can do this with a simple find/replace - the bigger issue is open sales orders and purchase orders. To do this manually you will need to re-open and re-release, released order. We did up a utility for our customers to give validation as well.
Your luckly - the UK is reducing to 15% but here in Ireland it's an increase to 21.5%
Dynamics Nav Add-ons
http://www.simplydynamics.ie/Addons.html
Dont worry we will be there in 2010
Just check it here
http://blogs.msdn.com/uknav/archive/200 ... tools.aspx
Thanks