(IND) Set up excise settlement periods
Important
This content is archived and is not being updated. For the latest documentation, see Microsoft Dynamics 365 product documentation. For the latest release plans, see Dynamics 365 and Microsoft Power Platform release plans.
Applies To: Microsoft Dynamics AX 2012 R3, Microsoft Dynamics AX 2012 R2
Excise duty is paid at the end of a predefined period. Each period has the same duration. Create the excise tax settlement periods that the company uses when it pays the excise duty. You must select the authority created for the excise settlement periods.
Note
This topic has not been fully updated for Microsoft Dynamics AX 2012 R2.
Click General ledger > Setup > Sales tax > Sales tax settlement periods.
Enter the identification for the excise settlement period in the Settlement period field.
Select the authority that the excise is paid to in the Authority field.
Select the terms of payments in the Terms of payment field.
Click the Periods tab and create the excise settlement periods.
Enter the other required fields and close the form.