DS365 Excise Duty App

by Dynamics Stream

Streamline Your Excise Duty Estimates and Stay Compliant

As a business owner, you're probably well-versed in the many taxes and rules that might apply at the local, state, and federal levels. Managing a business requires paying state income taxes, sales taxes, employment taxes, and self-employment taxes. Sales tax and Excise duty are two types of taxes that are sometimes mistaken.

What Exactly Is Excise Duty?

Excise duty, sometimes known as excise tax, is a tax levied at the point of purchase on certain commodities, products, activities, or services. Although companies are responsible for collecting excise taxes and remitting them to the appropriate authorities, the expense of the tax is often passed on to the customer in the form of higher pricing.

The DS365 Excise Duty feature makes it easy to manage all types of duties in Microsoft Dynamics 365 Business Central, such as excise duty, tariffs, and consumer taxes. This Dynamics Stream Customized solution empowers you by automatically computing duties when you exchange goods and submitting them accurately to the authorities. This is the alternative for companies who sell taxable items but do not want to deal with the painstaking process of calculating and managing taxes.

Benefits of DS365 Excise Duty App

  • You receive an accurate view of all expenditures and income.
  • Businesses save time on tax calculations and reporting to authorities.
  • You are not need to manually compute item pricing with taxes. Since it is normally a time-consuming operation, you save a lot of manual effort.
  • Features of DS365 Excise Duty App

    1. Estimate Excise Duties Tariffs
    2. Specify Customs License Specifications
    3. Calculate and dig down into excise duty amounts immediately.
    4. Generate shipments, receipts, or transfers from one bonded warehouse to another, facilitating excise duty-free transactions with associated paperwork.
    5. Update your Excise Duty Statements to include the specific information required by local rules in each country.
    6. Once excise duty ledger entries have been submitted to the customs office, close them and assign internal and external reference numbers to trace each entry.
    7. Dynamics Stream Software Solution is a top provider of Business Central applications on Microsoft AppSource. Dynamics Stream - Microsoft Gold Partner applications are in the top 100 most popular apps. We were among the first on AppSource. With our App Bundle, you may even save a lot of money.

      Supported Editions

      • Microsoft Dynamics 365 Business Central Essentials
      • Microsoft Dynamics 365 Business Central Premium
      • Supported Countries

        United Arab Emirates, Australia, Canada, Ireland, South Africa, United Kingdom, Saudi Arabia, Lebanon, Qatar and the United States.

        Supported Languages

        United Arab Emirates, Australia, Canada, Ireland, South Africa, United Kingdom, Saudi Arabia, Lebanon, Qatar and the United States.

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