• DUNS Number: - Data Universal Numbering System Every Company that does the trade in United States has a D-U-N-S number.  It is a nine digit number and this field is only available if the customer record type is organization.. The DUNS number is random, and the digits have no apparent significance.Unlike national employer identification number, a DUNS number may be issued to any business worldwide

• Item reservation
  
  
  ·         Manual – Inventory for orders is reserved manually.
  ·         Automatic – Inventory is reserved when order lines are created, in the order in which the order lines are created. For bills of materials (BOMs), reservations are made for the BOM item number, not for the individual elements of the BOM.
  ·         Explosion – Inventory is reserved when order lines are created, in the order in which the order lines are created. For BOMs, reservations are made for the individual elements of the BOM, not for the BOM item number.
  Posting profiles specify the ledger accounts that are affected when source documents are posted to the general ledger or when journal entries are journalized. Each posting profile is associated with only one offset account. 
• Credit and collections in credit and limits:
  The invoice and delivery on hold function has several below options:-
  
  
  No – No holds have been placed on the customer.Invoice – No invoices can be posted for this customer.All – The customer is on hold for all transaction types, including free text invoices, customer invoices, and payments.Payment – This is invalid option for customer and cannot be selected.Requisition – This is invalid option for customer and cannot be selected.Never – The customer is never put on hold for inactivity.
  

Combinations of Sales Tax in Ax 2012 R3

Create Sales Tax Codes:

1.       Go to general Ledger > Setups > Sales Tax Codes.

1.       Give sales tax code, name.

2.       Now, go to general tab and select currency.

3.       Select tax type as excise and then tax component under tax type group.

 1.       Now, click on values.

 2.       Value form opens then click new and select tariff code and percentage value (i.e. 12.5%) in value field that you want to calculate.

repeat the same process for creating any other Tax code i.e. CST @ 2%.

Create sales tax group:

1.       Click on sales tax group in sales tax under setup.

2. Click new and give sales tax group and description.

3. Now, go to setup and click on add.

4. Enter sales tax code that you have created in previous step.

   1.       Enter Item sales Tax Group and description.

   2.       Go to setup and click on add.

   3.       Select same sales tax code that you have used previously.

   4.       After creating STIG, click on formula designer.

   1.       Click ctrl+ new in Arguments available area under calculation.

  1.       Now, Select same tax code that you have created.

  2.       Click new and select next tax code that is CST@ 2%.

  1.       Before saving it click on + sign available at the left side.

1.       Now, drag the excise tax type to tax code 2% from Taxes area.

2.       You can check that dragged tax code is added in calculation expression area.

  Apply Sales Tax to Purchase order/Sales Order.

   1.       Select any purchase order.

. Click edit button.

3. Go to line details.

apply Item sales tax group and sales tax group under sales tax area.

Now, go to Tax information tab.

6. Select form type as C in form type field.

. Select excise tariff code and excise tariff type.

 

     8         Now, go to Purchase tab and select sales tax under Tax Area.

     9         You can check Tax is calculated on transaction form.

That's It..!!!!