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 to this vendor. It can be the sales tax, prices including or excluding sales tax, and the tax exempt number, if there is any. An explanation of each field in the SALES TAX field group is as follows:

• Sales tax group: This field represents the sales tax group assigned to this particular vendor, and this record will be the default value for all transactions that will be inherited from the vendor master data
• Price include sales tax: This field indicates that the invoice amounts should include or exclude sales tax
• Tax exempt number: This field is used for reporting and statistical extractions

Sales tax group can be set as the default at the ...