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specify-inclusive-or-exclusive-tax.md

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title TOCTitle ms:assetid ms:mtpsurl ms:contentKeyID author ms.date mtps_version audience ms.search.region
Specify inclusive or exclusive tax
Specify inclusive or exclusive tax
094050b6-d216-4c30-995a-85b7276fd3fe
39519043
tonyafehr
04/18/2014
v=AX.60
Application User
Global

Specify inclusive or exclusive tax

[!INCLUDEarchive-banner]

Applies To: Microsoft Dynamics AX 2012 R3, Microsoft Dynamics AX 2012 R2, Microsoft Dynamics AX 2012 Feature Pack

Inclusive taxes are included in product prices. Value-added tax (VAT) is one example of inclusive tax. Exclusive taxes are not included in product prices. In Retail, you can specify settings for inclusive tax and exclusive tax for each customer. You can also specify settings for each store.

Note

When tax is calculated, the settings for inclusive and exclusive tax that are specified for a customer override the settings that are specified for a store.

  1. Click Retail > Common > Retail channels > Retail stores.

  2. On the Retail stores list page, open the store to modify.

  3. In the Stores form, on the General FastTab, under Sales tax, select the Prices include sales tax check box if product prices in the store include taxes. Clear the check box if product prices in the store do not include taxes.

See also

About setting up taxes