New reduced VAT rate and changes of U30 form in 2016 for the Austrian version of Microsoft Dynamics AX

To get consistency in reporting for year 2015 and 2016 it is recommended to create a new sales tax code for the second reduced rate 13% and 7%. It is also required to update or create the sales tax groups and item sales tax groups in accordance with your company accounting.

Microsoft Dynamics AX 2009 SP1 Information
The following reporting codes were added:
1006 – sales 13%
9006 – sales 13% (own consumption)
1007 – sales 7% for farmers (instead of 1038)
9007 – sales 7% for farmers (own consumption) (instead of 9038)
1008 – intra-community acquisitions 13%
1108 - intra-community acquisitions 13% tax.

NOTE Reporting codes 1025, 9025, 1038, and 9038 should not be used for reporting purposes in year 2016.

New reporting codes values for sales: 1006, 9006, 1007 and 9007 should be created for Austrian report layout (General ledger > Setup > Sales tax > External > Sales tax reporting codes) and set up in the Taxable sales field for relevant sales tax codes (General ledger > Setup > Sales tax > Sales tax codes).
New reporting codes values for EU purchasing: 1008 and 1108 should be created for Austrian report layout and set up in the Taxable Import and Use tax fields respectively for relevant sales tax codes.

NOTE make sure the new created sales tax codes have appropriate sales tax reporting codes to collect data in the totals.

IMPORTANT CU 8 for Microsoft Dynamics AX 2009 SP1 must be installed





Microsoft Dynamics AX 2012, R2 and R3 Information
The following reporting codes were added:
1006 – sales 13%
1106 – tax on sales 13%
9006 – sales 13% (own consumption)
1007– sales 7% for farmers (instead of 1038)
1107 – tax on sales 7%
9007 - sales 7% for farmers (own consumption) (instead of 9038)
1008 –intra-community acquisitions 13%
1108 - intra-community acquisitions 13% tax.

The following reporting codes for tax amounts are now being utilized for reporting purposes when amounts to be reported become negative, thus need to be reported in a special box 090 corrections:
1122;1129;1125;1137;1152;1138 - they should have been be set up in the system previously, but were not used in the reporting. Now, if tax base for the relevant tax reporting code becomes negative, amounts collected on these reporting codes are summarized in special box for tax.
In case amount 1001 is negative, zero reported at field 001.

NOTE Reporting codes 1025, 9025, 1038, and 9038 should not be used for reporting purposes in year 2016.

New reporting codes values for sales: 1006, 9006, 1007 and 9007 should be created for Austrian report layout (General ledger > Setup > Sales tax > External > Sales tax reporting codes) and set up in the Taxable sales field for relevant sales tax codes (General ledger > Setup > Sales tax > Sales tax codes).
New reporting codes values for tax on sales: 1106 and 1107 should be created for Austrian report layout (General ledger > Setup > Sales tax > External > Sales tax reporting codes) and set up in the Sales tax payable field for relevant sales tax codes (General ledger > Setup > Sales tax > Sales tax codes).
New reporting codes values for EU purchasing: 1008 and 1108 should be created for Austrian report layout and set up in the Taxable Import and Use tax fields respectively for the relevant sales tax codes.

NOTE make sure the new created sales tax codes have appropriate sales tax reporting codes to collect data in the totals.