Growing the business across different regions oftentimes also means managing branches in different countries. This results in having multiple VAT IDs for different business locations.
Determining the correct legal entity VAT ID on every transaction worldwide can be a real challenge.
The tax calculation service helps you out by automatically linking the correct legal entity VAT ID to transactions such as purchases, sales and transfers between warehouses, and registering them accordingly. Additionally, the solution also improves compliance with local tax regulations.
During this session, our expert Joris Vandaele will demonstrate a couple of scenarios and showcase the value of the module in Dynamics 365 Finance.