Canada Sales Tax - Enhanced Support for Tax Differences when Posting with General Journal
| Feature | Public preview | General availability |
|---|---|---|
| Canada sales tax - enhanced support for tax differences when posting with general journal |  Sep 19 2024 | Oct 2024 |
Business value
Simplify compliance with Canadian tax regulations through automated HST/GST and PST handling. This feature adapts to regional tax rules, accurately calculates taxes, and posts them directly to tax-specific accounts, reducing manual effort and enhancing accuracy.
Feature details
This enhancement to Canadian sales tax functionality in Business Central standardizes tax difference handling across different posting methods. You can automate tax ledger entries for expenses, minimizing manual input and ensuring compliance with Canadian HST/GST and PST rules by configuring tax area codes, details, and group codes to accurately calculate and post taxes to the correct accounts.