Microsoft Dynamics 365 Enterprise Edition - Financial Management - Third Edition

The SALES TAX  field group

The SALES TAX field group represents the tax treatment that will be applied on the customer, which includes the sales tax, prices including sales tax or excluding, and the tax exempt number if any. Each field can be explained as follows:

• Sales tax group: The Sales tax group section represents the sales tax group assigned to a particular customer. This record will be a default value on all transactions that will be inherited from the customer master data.
• Prices include sales tax: The Prices include sales tax field indicates whether the invoice amount includes sales tax or excludes it.
• Tax exempt number: The Tax exempt number field is used for reporting and statistical extractions.

The Sales tax group can be set ...