Set up a file format for a method of payment for vendors
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, Microsoft Dynamics AX 2012 Feature Pack, Microsoft Dynamics AX 2012
If you and your bank agree to share information about vendor payments by using files that can be sent electronically, you must set up the agreed-upon file formats for relevant methods of payment. You can then export and import information about the vendor payments that are made with these methods of payment.
Click Accounts payable > Setup > Payment > Methods of payment.
Click New to create a method of payment.
In the Method of payment field, enter a unique identifier for the payment method, and in the Description field, enter a description.
Enter appropriate values in the Period, Grace period, and Payment status fields, and in other fields, if appropriate. For information about each field, see Methods of payment - vendors (form).
To open the File formats for methods of payment form, click the File formats FastTab and then click Setup.
On the Export tab, move (if it is required) an appropriate field format from the Available pane to the Selected pane.
Close the File formats for methods of payment form.
For the new method of payment in the Methods of payment - vendors form, select the appropriate file format value in the Export format field.