as long as the 2 Axapta's are the same version and service pack, it is very easy.
In your Axapta installation directory for the Axapta Application - go to 'Application\Appl' and make a copy of the folder called 'Standard'. You can rename the new folder to whatever you like.
Then create a database and ODBC connection (if it does not exist already) and finally create a new configuration in the Axapta Configuration Utility that uses the new application (choose from the list in the application field) and the new DB/ODBC.
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technet.navision.com Posting date: Monday, November 08, 200
technet.navision.com Posting path: Navision Axapta