Configure taxes in Dynamics 365 Finance

Module
20 Units

Intermediate

Functional Consultant

Dynamics 365

Finance

Learn how to configure and report taxes for different countries and regions with Dynamics 365 Finance.

Learning objectives

In this module, you will:

Learn about regional tax reporting capabilities.
Configure tax components.

Prerequisites

Basic understanding of finance and accounting processes
The ability to use Finance for basic processing
Understand how to set up General ledger in Finance

Introduction min
Configure ledger posting groups min
Exercise - Set up ledger posting groups for sales tax min
Configure sales tax authorities min
Exercise - Set up sales tax authorities min
Configure sales tax settlement periods min
Exercise - Set up sales tax settlement periods min
Create sales tax codes min
Configure sales tax groups and item sales tax groups min
Exercise - Set up sales tax codes and sales tax groups min
Withholding tax min
Sales tax exemption min
Conditional sales tax min
Sales tax on transactions min
Set up sales tax reporting codes min
Exercise - Set up sales tax reporting codes and withholding tax min
Exercise- View posted sales tax transactions min
Prepare periodic filings min
Check your knowledge min
Summary min