At the beginning of next year, the Swiss standard VAT rate will fall by 0.3%. In principle, this is easy to handle in AX: in the tax codes, the new rate…
At the beginning of next year, the Swiss standard VAT rate will fall by 0.3%. In principle, this is easy to handle in AX: in the tax codes, the new rate is entered in the «Values» table with a date from 1.1.2018. The decisive factor for the tax calculation is the date of «delivery». For this, you need to check whether, in the general ledger parameters, the «VAT» tab, the «Type of calculation date» is set to «Delivery date». This therefore applies to purchases and sales. For all other incoming invoices, please note that these are entered with the posting date according to the VAT rate. Where might interventions be necessary? If not all old tax rates can be posted to 2017, and there are therefore still mixed rates from 2018, this would have to be taken into account in the «input tax declaration» report. By inserting the tax rate, the amounts can be evaluated separately. If «old» tax rates have to be posted to the new year, a «document date» general ledger parameter would make more sense. So that purchases and sales still work, the parameter could be made dependent on the document date for invoice entries with a simple program adjustment. The due date may also need to be adjusted, because it is based on the document date. For free text invoices, the date parameter could also be manipulated, or we work – as we have already implemented for a long-standing customer – with a «service date», which we use instead of the missing delivery date. Contact us if we can help you or if you need any adjustments.