Updating VAT rates from Microsoft Dynamics 365 Finance

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In Microsoft Dynamics 365 Finance, VAT rates are categorized into a VAT Tax Group and an Item VAT Tax Group. Payhawk retrieves both and combines them into a single entry.

To update your VAT rates in Payhawk:

  1. Go to Settings > Expense fields.

  2. Under Built-in fields, select Tax rate.

  3. Click on Update from MS Dynamics Finance & Operations. As a result, Payhawk will show the VAT rates that apply to the specific expense.

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