Set up taxes in Dynamics 365 Finance
Setting up taxes in Dynamics 365 Finance offers many benefits, including automated and accurate tax calculations. As a result, your organization can ensure that it complies with national and regional tax laws. To help improve efficiency, your organization can streamline the tax management process by automating postings to ledger accounts.
Learning objectives
This module explains how to:
- Configure ledger posting groups.
- Create sales tax authorities.
- Configure sales tax settlement periods.
- Create sales tax codes.
- Configure sales tax groups and item sales tax groups.
Prerequisites
- Basic understanding of finance and accounting processes
- The ability to use Finance for basic processing
- An understanding of how to set up the general ledger in Finance