Set up payment types for vendor methods of payment

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

You can assign a system-defined payment type, such as Check, Electronic payment, or Promissory note, to any user-defined method of payment. Payment types are useful for validating electronic payments. For more information, see About payment types.

You can assign a payment type to a payment method at any time. However, payments that you have already made by using that method are not affected.

1. Click Accounts payable > Setup > Payment > Methods of payment.

2. Select the payment method to assign a payment type to.

3. In the Payment type field, select the payment type to assign to the payment method.

See also

Methods of payment - vendors (form)