The universal tax rate API is now available in Microsoft Dynamics 365 Finance, Supply Chain Management, and Project Operations. This API simplifies the management of tax rates and rules across different jurisdictions for businesses worldwide. It allows for streamlined integration with third-party tax solutions, eliminating the need for extensive customization. The API offers standardized communication and enhances compliance and operational efficiency. To utilize the API, businesses need to select a compatible third-party tax solution provider and follow the setup guide provided by Microsoft. This feature transforms the tax calculation process, focusing on compliance, efficiency, and scalability within Dynamics 365 applications.
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