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Set up basic tax integration profile for China

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This article describes how to set up a tax integration profile, update customer settings for issuing VAT invoices, and set up VAT invoice descriptions for China in Microsoft Dynamics 365 Finance.

The following procedure was created using the demo data company CNMF.

Before you can execute the procedure, you must complete the following procedures:

  • Golden tax integration import setup
  • Maintain golden tax export format procedure

To set up basic tax integration profile for China, follow these steps.

  1. In Dynamics 365 Finance, go to Tax > Setup > Tax integration > Tax integration profiles.
  2. Select New.
  3. In the Profile ID field, enter a value.
  4. In the Profile name field, enter a value.
  5. In the Sales tax code field, enter or select a value.
  6. In the Validate amount limit field, select Yes.
  7. In the Maximum invoice amount field, enter a number.
  8. In the Include tax field, select Yes.
  9. In the Default commodity field, enter a value.
  10. In the Invoice auditor field, enter or select a value.
  11. In the Payment collector field, enter or select a value.
  12. In the Format mapping field, enter or select a value.
  13. In the Non-deductible VAT invoices field, select Yes.
  14. Expand the Default value of description and unit section.
  15. Select New.
  16. In the list, mark the selected row.
  17. In the Description field, enter a value.
  18. In the Unit field, enter or select a value.
  19. Go to Accounts receivable > Customers > All customers.
  20. Select a customer.
  21. Select Registration IDs.
  22. Select Add.
  23. In the Registration type field, enter or select a value.
  24. In the Registration number field, enter a value.
  25. Select Save.
  26. Close the page.
  27. Expand the Invoice and delivery section.
  28. Select Edit.
  29. In the Sales tax group field, enter or select a value.
  30. Go to Tax > Setup > Tax integration > VAT invoice description.
  31. Select New.
  32. In the VAT invoice description ID field, enter a value.
  33. In the Description field, enter a value.
  34. In the Unit field, enter or select a value.
  35. Select Save.