Sales Tax | D365 Finance

All staff working with or having an interest in Dynamics 365 Finance

Profiles:

• All

Objective

Set-up, configuration, as well as daily and periodic tasks, are covered in this course.

The D365FO sales tax framework supports many types of indirect taxes, such as sales tax, value-added tax (VAT), goods and services tax (GST), unit-based fees, and withholding tax. These taxes are calculated and documented during purchase and sales transactions. Periodically, they must be reported and paid to tax authorities.

This course covers the Sales Tax framework; apart from a few examples, it is beyond the scope of this course to address all the local requirements across the world.

Topics

Set-up and configuration

• Parameters
• Ledger Posting Groups
• Sales Tax Authorities
• Sales Tax Settlement Periods
• Sales Tax Codes
• Sales Tax Groups
• Item Sales Tax Groups
• Sales Tax Reporting Codes

Daily and Periodic tasks

• View posted sales tax transactions
• Sales Tax Reporting
• Sales Tax Payment

Withholding tax

• Set-up and configuration
• Daily and Periodic tasks

A high-quality VM is included in the course – complete with Microsoft standard Contoso demo data. It is available during your class and also for practice after the class.

Prepare

Before each course, we ask the students to prepare – for example, by watching a video. This is to ensure that the students have the same or similar understanding of the scope of the upcoming training and the terminology to be used.

Participate

Each live course session is a focused 3-hour live online session led by one of our experienced Microsoft Certified Trainers (MCT).

Practice

Maintain and extend your learning after the live course:
• The live sessions are recorded for review again and again
• Additional videos
• Hands-on labs – with separate suggested step-by-step guidance/solutions
• Support (Q&A).

This is part of the curriculum for the MB-310 exam.