MsDynamics365 Empowered Community

Hello Dynamics Lover, In this Blog, I shall articulate about the ITALIAN business scenario, w hen goods are delivered for free to a customer, there is still an obligation to pay taxes. There are two cases where this can occur. In one word, Invoice amount can be Zero and posted in ITALY . To achieve the above scenario, Microsoft has developed a very nice feature, which is "(Italy) Posting invoices with zero amount" In Standard Dynamics (Non Italy) we see the below error and invoice amount Zero can not be posted  However, having this feature enabled, this can be achieved in ITALIAN localization . See  below, I have added the posted vendor without amount. I have also added the business scenario in short, this is nice read below. The company pays the sales tax. The goods are shipped to the customer with a delivery note that includes the reason code  Free . The company issues a self-invoice where the text  Free invoice  is clearly printed on the header, the value of goods is print

Hello Dynamics Lover, In this blog, I will articulate the business scenario where many of the times, we are asked to create different sets of number sequence for vendors and customers based on the vendor/Cudtomer type/groups.    Below the customer requirement (I have shared steps with vendors, however the same steps are applicable for customer as well) 1.     Scenario 1: Local vendors format will be LOCV-*******1 2.     Scenario 2: Foreign vendors format will be FRV-******1 3.     Scenario 3: Employee Vendors format will be EMV-******1 4.     Scenario 4: All other vendors will be OTHRV-******1 The end result is below we have got from the requirement gathering session.  Name Vendor Group Number Sequence Requirement Local vendors V10 LOCV-000000001 Foreign vendors V20 FRV-000000001 Employee Vendors E10 EMV-000000001 All Other vendors

  Hello Dynamics Lover, In this blog, I have tried to capture and articulate, how our customer can use the privilege of adding attachment into the transactions, masters (vendor, customer) etc. for their reference. When using any form of Dynamics 365, we see the below highlighted option, it is basically for adding any attachments into any transactions or in any master data This blog is about configuring this and how to use this function. Step 1:   Path-> organization administration-> Document management-> Document Types Create a file format you want to use. it can be Image, file, URL, NOTE, you can select from the ‘Class’ and ‘Group’ while creating the format (I have created for IMAGE) Step 2 :  Path-> organization administration-> Document management-> Document management parameters -> You can update the default allowed format, to do this please select “Reload defaults” Step 3: Path-> organization administration-> Document management-> Active

Hello Microsoft Dynamics Lovers, Today I will show, how the Automated Write Off function in D365 F&O is used and how the Configuration can be done to deploy the function for usage. The Business scenario is- We sold product to customer, however due to some reason, the money can not be gained and that will be in Write-off Expense account (kind of bad debt). Pre After write off The accounting entry will be below, however this will be auto created in GL journal This setup is done with very basic configurations, Lets explore together. 1: Create a Journal Name and assign a voucher series by standard way. 2:Create a BAD debt loss in P&L expense account (If your business has a expense account for bad debt, you can use that) 3: Create reason code 4:Add the reason code & Main account for bad debt and make the same default in " Customer write-off reason codes" ( Credit & Collections->Setup-> Customer write-off reason codes) 5: Configure Credit and Collection-> S

In this Blog, I will articulate how we can setup the Conditional Sales tax functionality  and how the same is paid to Govt/ statutory authority. For some of the countries, especially in Europe, the Sales tax authority allows for sales taxes and base amounts to be reported when the invoice is paid, not when that goods and service is received. Example~ On June 10 , you create an invoice of 10,000 plus 2,500 in sales tax. On July 10, you report taxes for June. The 2,500 is not included in the sales tax payment, because the invoice has not been paid. On July 15, the customer pays half of the invoice amount, 5,000, plus 1,250 in sales tax. On August 10, you report taxes for July. The 1,250 is included in the sales tax payment. When the customer settles the invoice with a second payment of 6,250, the remaining sales taxes are reported and paid. This setup will be done by~ 1.      Create separate main accounts for sales taxes on invoices that are awaiting settlement 2.