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Setup page · Tax

General ledger parameters

The parameters page of the General ledger module.

Used by
Accounts payable manager, Auditor, Budget clerk and 13 more roles
Business process
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Menu item
LedgerParameters
Main table
LedgerParameters
Data entity
LedgerParametersEntity
Setup steps
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Show what matters for

Everyone

1What it is and why

What it isThe parameters page of the General ledger module.
What you do hereUsed to set module options such as how the fiscal year close is handled, the maximum penny difference for rounding, and the number sequences.
ExampleFor example, setting the Check for voucher used field to Reject duplicate stops the same voucher number from being used with different transaction dates.
General ledger parameters page in Dynamics 365
The page in a working Dynamics 365 system. page title tab to open what to set or check

Functional consultant · Solution architect

2Where it fits

Business process—
Menu pathTax › Setup › Parameters › General ledger parameters
Set up first—
Used next bySales tax settlement periods Microsoft Learn ↗Harmonized sales tax dimensions Microsoft Learn ↗
Related pages—

End user · Functional consultant

3How to do it

Microsoft's steps

  1. Go to Tax > Setup > Parameters > General ledger parameters.
  2. On the Withholding tax tab, set Enable advanced withholding tax currency to Yes.
  3. In the Exchange rate type field, select the exchange rate type for the withholding tax currency.
  4. In the Calculation date type field, select Payment date, Invoice date or Document date.
  5. Select Save.

Source: Microsoft Learn ↗

Field guide

FieldWhat it meansWorked exampleTable column
Conditional sales taxSales tax can't be deducted until the invoice is paid, as some countries/regions require.Microsoft Learn ↗——
Apply sales tax taxation rulesSales tax paid to vendors is posted to the same account as the purchase, so the receivable and use tax expense accounts aren't used.Microsoft Learn ↗——
Calculation methodWhether the tax base is calculated per document or per line; Line is needed for interval rates and line-based marginal bases.Microsoft Learn ↗——
Delayed tax calculationCalculates journal sales tax only when Sales tax is opened or the journal is posted, which helps performance with many lines.Microsoft Learn ↗——
Sales tax amount per invoice lineStores the calculated sales tax amount on each document line.Microsoft Learn ↗——
Include correctionsThe legal entity default for including corrections in settlement and reporting; copied to new settlement periods.Microsoft Learn ↗——
Apply Canadian harmonized sales tax rulesTurns on the Canadian Harmonized Sales Tax rules for public sector.Microsoft Learn ↗——
Enable global withholding taxTurns on global withholding tax on the Withholding tax tab.Microsoft Learn ↗——
Enable advanced withholding tax currencyLets you choose a separate exchange rate type and date type for the withholding tax currency.Microsoft Learn ↗——
Estimate withholding tax amount on invoiceAdds a Withholding tax button on purchase orders and vendor invoices to estimate withholding tax.Microsoft Learn ↗——
VAT statement format mappingThe electronic reporting format printed by Report sales tax for settlement period and from Sales tax payments.Microsoft Learn ↗——

Functional consultant

4Setup decisions

Setup stepRecommended value and whyDecision · common mistake · test
— No setup is made on this page.

Solution architect

5Design impact

Shared or per companyPer company: each legal entity has its own records. Microsoft data model ↗
Can it be undone—
Feature or country—
If you change it laterThe Sales tax amount per invoice line option applies only to processing after the change is saved; documents already processed aren't updated. Microsoft Learn ↗

Technical architect

6Technical

Menu itemLedgerParameters Checked in Dynamics 365
FormLedgerParameters Checked in Dynamics 365
TableLedgerParametersShown as “Ledger parameters” in Record infoChecked in Dynamics 365
Data entitiesLedgerParametersEntityLedger parameters Microsoft data model ↗
Who can open itPrivilegesMaintain general ledger parameters LedgerParametersMaintainView general ledger parameters LedgerParametersViewDutiesInquire into budget control process policies BudgetBudgetCtrlProcPoliciesInquireInquire into budget process policies BudgetBudgetProcessPoliciesInquireInquire into general ledger policies LedgerGeneralLedgerPoliciesInquireEnable general ledger process LedgerGeneralLedgerProcessEnableMaintain general ledger parameters LedgerParametersMaintainInquire into purchase order to invoice policies PurchOrderToInvoicePoliciesInquireInquire into general ledger policies RentalLedgerGeneralLedgerPolicieInquireEnable general ledger process RentalLedgerGeneralLedgerProcessEnable
16 security rolesAuditor AuditPolicyManagerBudget clerk BudgetBudgetClerkBudget contributor BudgetBudgetContributorBudget manager BudgetBudgetManagerChief financial officer CompanyChiefFinancialOfficerInventory accountant InventCostAccountantInventory accountant clerk InventCostCostClerkAccountant LedgerAccountantAccounting manager LedgerAccountingManagerAccounting supervisor LedgerAccountingSupervisorFinancial controller LedgerFinancialControllerRental coordinator agent RentalCoordinatorAgentRental manager RentalManagerRental purchasing manager RentalPurchasingManagerRental sales manager RentalSalesManagerAccounts payable manager VendInvoiceAccountsPayableManager
Checked in Dynamics 365
Actions on the pageOptions: Personalize, Page options, Edit, ShareChecked in Dynamics 365

Developer

7Developer

Open it directlyhttps://<your-environment>/?mi=LedgerParameters
Integrate withLedgerParametersEntity data entity Microsoft data model ↗
Table definitionLedgerParameters columns and relations Microsoft data model ↗

Everyone

8Sources and checks