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Ali Raza Zaidi

A practitioner’s musings on Dynamics 365 Finance and Operations

Exploring the Functional Side of Dynamics Ax 2012: How to create Legal entity.

January 20, 2014 by alirazazaidi

Today I decide to start Exploring the functional side of Dynamics AX 2012. The starting point certainly to create legal entity and explore the further options.

To Create a legal entity you have to open the legal entity form by the following link

  • Organizational Administrationè ==>Organization==>Legal Entities.01-legalEntitylink
  • To create a new legal entity click on new button and start enter the information. For example, in my case I am going to create a legal entity with Name “Lahore” and with company Name “Systems Ltd.” 02-New Legal Entity
  • After entering information of Legal entity Name, Organization Name and region area Name press on ok button to save it.03-New Legal Entity Save
  • Newly created Legal entity is shown in right side bar as follow.04-newlyCreated LegalEntity shown
  •  From right side window I can update further detail information for legal entity. There are following fast tabs are on the form

05-FastTabs 05-FastTabs

 

 

From General Tabs You can update following important information for legal entity

  • Language.
  • Search Name
  • Time Zone.

06-General Tab

 

Address Fast Tab:

From Address Fast tab: you can address information.

07-Address Fast tab

 

Click on Add button or Click on Edit button you can find more options.

08-Detail Address new

 

 

You can add Contact information from Contact fast There

There are 4 types of contact you can create

  • Phone Number
  • Email Address
  • URL
  • Telex
  • Fax.
  • If there are many contact number, you can make one of them primary by clicking check box on grid.09-Contact tab
  • From Tax Registration fast tab you can enter information regarding Taxation. Because Dynamics Ax is one of big ERP. It also option of Zakat.

10-Tax registration.

 

From Tax 1099 you can enter withholding tax information.

11-Tax1099

 

Statutory reporting fast tab, you can enter the registration information which will be used for statutory reporting.

12-Statutory reporting

12-Statutory reporting

Banking information can be add Banking information fast tab.
13-Banking information

Foreign trade and logistics Fast tab you can address shipment address

14-Foreign trade and logistics

If there is any Sequence number associated with legal entity that can be shown from here.

15-Sequence Number

reference : http://technet.microsoft.com/en-us/library/hh242184.aspx

Filed Under: Dynamics AX 2012, Dynamics Ax 2012 functional side Tagged With: Dynamics Ax 2012, Dynamics Ax 2012 functional side

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I am Dynamics AX/365 Finance and Operations consultant with years of implementation experience. I has helped several businesses implement and succeed with Dynamics AX/365 Finance and Operations. The goal of this website is to share insights, tips, and tricks to help end users and IT professionals.

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Content published on this website are opinions, insights, tips, and tricks we have gained from years of Dynamics consulting and may not represent the opinions or views of any current or past employer. Any changes to an ERP system should be thoroughly tested before implementation.

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