Use this form to create and manage the sales tax settlement
periods that the company uses when reporting sales tax.
Additionally, use this form to view the sales tax transactions of
each settlement period and each period within a settlement
period.
Posted transactions are marked with the settlement period in
which the taxes that are related to the transaction must be
reported. You attach sales tax settlement periods to sales tax
codes, which in turn are attached to the sales tax groups and item
sales tax groups that are attached to transactions.
Set up the length of the periods that are included in the sales
tax settlement period.
Create the periods of the sales tax settlement period. You can
create all the periods manually, or you can create the first period
manually and then click
to create
subsequent periods. If the company performs cash-flow forecasts
that estimate sales tax payments, create a number of periods in the
future.
Note
A period (of the selected sales tax settlement period) for which
a sales tax payment transaction is posted cannot be changed.
Likewise, tax transactions cannot be removed from the period in
which they were posted. To correct errors, you must create an
offsetting transaction that is identical to the original
transaction, but with the opposite mathematical sign.
Buttons
Button
Description
View the sales taxes that are paid to the tax authority for the
selected sales tax settlement period.
View the sales taxes that are paid to the tax authority in the
selected period of the sales tax settlement period.
View the posted sales tax transactions that are marked with the
selected settlement period.
View sales tax transactions that are posted in the selected
period of the sales tax settlement period.
Create successive new periods after you create, on the
tab, the first
period for the selected settlement period. If the company performs
cash-flow forecasts that estimate sales tax payments, create a
number of periods in the future.
If Microsoft Dynamics AX is configured for Italy, view or edit
the sales tax book for the selected period of the selected sales
tax settlement period.
Fields
Field
Description
Enter the code that refers to the settlement period.
Tip
Create the codes so that you can recognize settlement periods by
code alone.
Enter the name of the settlement period as you want it to appear
on reports and throughout Microsoft Dynamics AX.
The name often appears along with the code of the sales tax
settlement period.
Select or view the sales tax authority to which taxes are
reported and paid for the sales tax settlement period.
If no selections are available, right-click in the drop-down
list, select
Go to the Main Table Form, and create the
tax authorities in the
form.
Select or view the terms of payment that apply to the payments
that are made for the selected sales tax settlement period.
If no selections are available, right-click in the drop-down
list, select
Go to the Main Table Form, and create an
appropriate terms of payment selection.
Select the period interval that is one of the values that
determines the periods of the sales tax settlement period.
If you select
and then enter
3in the
box, Microsoft Dynamics AX automatically
creates 3-month (quarterly) periods on the
tab.
Select the number of the period unit (defined in the
field) that defines the periods of the
selected sales tax settlement period. The length of each period
that is created on the
tab is the
period interval multiplied by the number of units.
For example, if the tax authority wants to receive payments
every month, select
in the
drop-down list, and enter
1in the
box. Enter the dates for the first period on
the
tab with the
calendar icons, and then create successive periods by clicking
an
appropriate number of times.
Note
In this example, if you enter
12in
box instead of
1, the periods that are created
automatically are periods of 12 months (one-year periods).
Use the calendar icon to select the first day of the first
period in the sales tax settlement period.
Note
After you create the first period, click
to create
all other periods. In this way, you can ensure that all days are
included in the periods and that each day appears in only one
period.
Use the calendar icon to select the last day of a period
interval.
Note
After you create the first period, click
to create
all other periods. In this way, you can ensure that all days are
included in the periods and each day appears in only one
period.
This field is available if Microsoft Dynamics AX is configured
for Italy. If selected, the Italian sales tax book for the period
has been updated and automatically closed. A closed period cannot
be reopened.
This field is available if Microsoft Dynamics AX is configured
for Italy. Select the check box if the period is the last period in
a sales tax year.
The page numbers of the sales tax book for the first period
after a last period in a sales tax year start at 1. Page numbers
are automatically reset when you select the
check box in the
sales tax payment periodic job for a period that has been marked as
a last period.
Tasks that
use this form
Note
Tip
