New Zealand local functionality
The following articles describe local functionality that is unique to the New Zealand version of Business Central.
Feature availability
Tax
- Withholding Tax
- Set Up Withholding Tax Available Now
- Set Up Revenue Types for Withholding Tax Available Now
- Set Up Goods and Services Tax Posting Available Now
- Set Up Vendors Without ABN for Calculating Withholding Tax Available Now
- Calculate and Post Withholding Tax Settlements Available Now
- View Withholding Tax Entries
- View Posted Tax Credit Memos Available Now
- View Posted Tax Invoices Available Now
- Adjust Settlement Exchange Rates for VAT Entries Available Now
- Calculate Goods and Services Tax on Prepayments Available Now
- Print Goods and Services Tax Settlement Reports Available Now
Electronic documents
Banking & payments
- Compare Bank Cash Flow Available Now
- Create Check Installments Available Now
- Electronic Funds Transfer Available Now
- Print Deposit Slip Reports Available Now
- Print Bank Account Reconciliation Reports Available Now
Core finance
- Calculating Distribution Amounts Available Now
- Print Balance Sheet Reports Available Now
- Print Income Statements Available Now
General
- Addresses Available Now
- Determine Sales Price by Cost Plus Percentage Available Now
- Enter New Zealand Business Numbers Available Now
- New Zealand Inland Revenue Department Numbers and Adjustment Notes Available Now
Future legislation requirements being investigated
- ANZ Peppol format for E-Documents Planned for 2025 release wave 1
- Payment Times Reporting Bill Compliance Planned for 2025 release wave 1
If you're aware of any upcoming regulatory features, submit a Regulatory Feature Alert.