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Dynamics 365 Community / Forums / Finance forum / Sales tax exempt codes
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Sales tax exempt codes

Posted on by 972

Dear Experts,

Could someone explain the purpose of Sales tax exempt codes setup and where it is used?

Path: Tax > Setup > Sales tax > Sales tax exempt codes

 ...

Thank in advance,

Best regards,

Thu

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  • Verified answer
    Ludwig Reinhard Profile Picture
    Ludwig Reinhard Microsoft Employee on at
    RE: Sales tax exempt codes

    Hi Thu,

    You can use them on invoice documents to classify invoices as tax free.

    For some transactions such as tax free EU shipments to other EU countries, a descriptive text why a sale is treated as tax free needs to be specified on the invoice document.

    You can - but don't have to - use those codes & descriptions for that purpose.

    Best regards,

    Ludwig

  • Suggested answer
    Alireza Eshaghzadeh Profile Picture
    Alireza Eshaghzadeh 10,873 Super User on at
    RE: Sales tax exempt codes

    Hi ThuNgo,

    Tax exempt number exists on customer and vendor card. From functionality purposes, it can different for each country (i.e. Legal entity).

    Some of the standard report and GER config in D365FO use this field as organization number and Tax registration number. For example, we use Tax exempt number in Norway for customers as organization number that needed to be used on e-invoice andTax registration number for customers on financial report (SAF-T).

    In order to get more info please check Andre's feedback on community.dynamics.com/.../888314

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