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(IND) Create customs ledger accounts

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

You must create customs import duty accounts and export duty accounts for each tax component and Importer Exporter Code (IEC) number.

Note

This topic has not been fully updated for Microsoft Dynamics AX 2012 R2.

  1. Click General ledger > Common > Main accounts. On the Main accounts list page, double-click a main account, or click Main account to create a main account.

  2. Create the following ledger accounts for each customs tax component.

    • Import duty expense account

    • Import duty payable account

    • Export duty expense account

    • Export duty payable account

  3. Enter the required details.

  4. Click the Setup FastTab.

  5. In the Posting type field, select Customs.

See also

(IND) Setting up customs parameters