Scenario: Settle vendor payments by using payment proposals
Important
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Applies To: Microsoft Dynamics AX 2012 R3, Microsoft Dynamics AX 2012 R2, Microsoft Dynamics AX 2012 Feature Pack, Microsoft Dynamics AX 2012
Fabrikam purchased products from vendors 3050, 3075, and 3100. The following invoices have been entered.
Vendor |
Invoice |
Invoice date |
Invoice amount |
Due date |
Discount date |
Discount amount |
|---|---|---|---|---|---|---|
3050 |
1001 |
June 15 |
500.00 |
July 15 |
June 29 |
10.00 |
3050 |
1002 |
June 20 |
600.00 |
July 20 |
July 4 |
12.00 |
3075 |
1003 |
June 15 |
250.00 |
June 29 |
0.00 |
|
3100 |
1004 |
June 17 |
100.00 |
July 17 |
July 1 |
1.00 |
On July 1, April pays vendors. She uses a payment proposal to help her complete this task more efficiently.
April clicks Accounts payable > Journals > Payments > Payment journal. She then clicks Payment proposal > Create payment proposal.
April uses the Vendor payment proposal form to define the set of invoices that will be included in the proposal.
Option 1: By cash discount
April selects By cash discount as the proposal type in the Vendor payment proposal form. For the range of payment dates, she uses June 26 to July 10. The following invoices are included in the proposal:
1001, because the discount date of June 29 is in the range of payment dates
1002, because the discount date of July 4 is in the range of payment dates
1004, because the discount date of July 1 is in the range of payment dates
The following invoice is not included in the proposal:
- 1003, because the invoice does not have a discount date
Option 2: Per due date
April selects Per due date as the proposal type. For the range of payment dates, she uses June 26 to July 10. The following invoice is included in the proposal:
- 1003, because the due date of June 29 is in the range of payment dates
The following invoices are not included in the proposal:
1001, because the due date of July 15 is outside the range of payment dates
1002, because the due date of July 20 is outside the range of payment dates
1004, because the due date of July 17 is outside the range of payment dates
Option 3: Due date and cash discount
April selects Due date and cash discount as the proposal type. For the range of payment dates, she uses June 26 to July 10. The following invoices are included in the proposal:
1003, because the due date of June 29 is in the range of payment dates
1001, because the discount date of June 29 is in the range of payment dates
1002, because the discount date of July 4 is in the range of payment dates
1004, because the discount date of July 1 is in the range of payment dates
See also
Scenario: Settle a vendor payment with an invoice
Scenario: Settle a partial vendor payment that has multiple discount periods
Scenario: Settle a partial vendor payment that has discounts on vendor credit notes
Scenario: Take a discount that is more than the calculated discount for a vendor payment