Tax Calculation

Hi ,

I want to calaculate tax for 6months. For Example from Jan to June.

My tax rate was 10 % till April and it got increased to 12% from May.

How system will calculate the Tax rate, if I run run the Tax in June . it will

calculate old rete or new rate ??/

please Relply!

Regards

Hello Ravi,

What kind of tax are you referring to (sales tax, corporate tax, …)?

Ludwig

The tax will be calculated as per the setup you have deifned in the sales tax setup.

Whenever tax rate changes, you have to update same in AX also. System will match the date and new tax rate will be applicable.

Pranav…