Change
Dynamics 365 Business Central: Finance - Configure and use bonded locations for excise duty calculations
Microsoft's description
Reduce manual work and support accurate excise duty handling by applying bonded-location rules to inventory. Designate warehouses or storage locations as bonded so excise duties can be deferred while goods remain in bonded storage and assessed when goods move to non-bonded locations or enter taxable circulation, according to configured tax rules. Benefits • Configure specific warehouses or storage locations for bonded inventory and deferred excise duty treatment. • Account for bonded location status when calculating excise duties on inventory transactions. • Automatically assess duties when goods leave bonded storage or enter taxable circulation.