New Functionality In Microsoft Dynamics 365 Business Central 2024 Wave 2: Vat Return Feature Now Available – Czechia

This post is part of the New Functionality In Microsoft Dynamics 365 Business Central 2024 Wave 2 series in which I am taking a look at the new functionality introduced in Microsoft Dynamics 365 Business Central 2024 Wave 2.

The 8th of the new functionality in the Country and regional section is vAT Return feature now available – Czechia.

The standard VAT Return feature can now be used to submit a VAT return in compliance with Czech law.

Enabled for: Users, automatically
Public Preview: –
General Availability: Nov 2024

Feature Details

Previously, the VAT Statement feature was used for VAT returns in the Czech version of Business Central. We’ve now added the option to use the standard VAT Return feature in Business Central. The VAT return is generated and submitted to the “Moje daně” portal. The lines on the VAT return are created based on the settings in the VAT statement. The system verifies if a regular VAT return has already been created for the period. However, since there can be multiple corrective and additional returns for a given period, this is not checked. This feature allows the VAT return to be saved, providing the user with immediate access to it in the system for future reference.