Setting up and maintaining Accounts payable

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

Use Accounts payable to track all invoices and outgoing expenditures to vendors.

You can set up vendor groups, vendors, posting profiles, various payment options, parameters regarding vendors, charges, deliveries and destinations, promissory notes, and other types of Accounts payable information.

Depending on your setup, you can then perform many tasks that are related to vendors and purchases. For example, you can create and manage vendor invoices, use various types of journals, and settle vendor invoices.

The topics in this section provide information about setting up and maintaining Accounts payable.

Configuring required Accounts payable information

Configuring Accounts payable journals

Configuring vendor invoices

Configuring charges for procurement

Configuring vendor payments

Configuring vendor payment formats

Configuring vendor payment settlements

Configuring Accounts payable statistics

(USA) Configuring 1099 taxes

Maintaining vendor information

Accounts payable setup and maintenance forms

The following table lists the forms that support setting up and maintaining Accounts payable. The table entries are organized by task and then alphabetically by form name.

Note

Some forms in the following table require information or parameter settings to navigate to them.

Task	Form name	Usage
Configuring required Accounts payable information	Accounts payable parameters	Set up parameters for the Accounts payable module.
	Form setup	Define the format of information on various documents that are related to vendors, such as purchase orders and invoices.
	Methods of payment - vendors	Create and maintain information about methods of payment for vendors.
	Terms of payment	Define the terms of payment that you assign to sales orders, purchase orders, customers, and vendors.
	Vendor groups	Create and maintain groups of vendors who share key parameters. These include terms of payment, settle periods, posting ledger, sales tax group, and default account setup.
	Vendor posting profiles	Set up the posting profiles that control the posting of vendor transactions to the general ledger.
Configuring Accounts payable journals	Accounts payable workflows	Create a workflow or modify an existing one.
	Journal names	Create and manage templates for journals. This includes the management of posting restrictions for selected users or user groups.
	Vendor reasons	Create reason codes to manage and record reasons for various types of transactions.
Configuring vendor invoices	Accounts payable parameters	Activate Accounts payable invoice validation options for vendor invoices.
	Accounts payable workflows	Set up invoice processing workflows.
	Charges tolerances	Specify tolerances for individual charges codes. These tolerances are used for charges matching.
	Footer text	Specify footer text for a print management record in multiple languages. When the document is printed, the language of the document determines the language of the footer text.
	Form notes	Edit the standard text that appears on the various forms that your organization uses, such as invoices, purchase orders, and interest notes.
	Form setup	Define the format of information on various documents that are related to vendors, such as purchase orders and invoices.
	Form sorting parameters	Set up sorting orders for printing invoices.
	Invoice totals tolerances	Specify vendor-specific tolerances for invoice totals matching.
	Item model groups	Specify that packing slip information must be posted before invoice information can be posted.
	Item price tolerance groups	Create item price tolerance groups for invoice matching and then assign each item to the appropriate group.
	Matching policy	Specify the matching policy (two-way matching, three-way matching, not required, or company matching policy) for specific vendors, items, or vendor and item combinations.
	Price tolerances	Set up price tolerance percentages for your organization, items, and vendors.
	Print management setup	Set up print management original or copy records and conditional settings. This information controls the way that documents, such as sales orders and purchase orders, are printed during the confirmation process.
	Vendor price tolerance groups	Create vendor price tolerance groups for invoice matching and then assign each vendor to the appropriate group.
Configuring charges for procurement	Auto charges	Define the purchase charges that are automatically assigned to orders.
	Charges code	Set up codes for the charges to use on purchase orders, such as invoice fees, freight, and insurance.
	Item charges groups	Create charges groups that can be assigned to items.
	Vendor charges group	Create charges groups that can be assigned to vendors.
Configuring vendor payments	Cash discounts	Set up and manage cash discount codes, which are linked to customer and vendor accounts and are applied to sales orders and purchase orders.
	Create prenotes	Create vendor prenotes for your organization’s bank.
	Currencies	Create and view the currencies that your organization uses.
	Currency exchange rates	Create and maintain appropriate exchange rates between the accounting currency and other currencies.
	Intercompany accounting	Create a list of accounts that the current legal entity can post to. You must set up debit and credit accounts, and also the journal that receives the transactions in the other legal entity.
	Methods of payment - vendors	Create and maintain information about methods of payment for vendors.
	Organization hierarchies	Set up an organization hierarchy for centralized payments.
	Organization hierarchy purposes	Specify a purpose for centralized payments.
	Payment days	Define the payment days that are used to calculate due dates for payments that you will receive from customers or make to vendors.
	Payment fee	Create and maintain payment fees that are related to vendors, such as fees for promissory notes.
	Payment fee setup	Set up payment fees for various combinations of banks, methods of payment, payment specifications, currencies, and date intervals.
	Payment instruction	Create and manage payment instructions that are required for compliance with SWIFT regulations.
	Payment schedules	Create payment schedules, which you can use to schedule installment payments from customers and to vendors.
	Payment specification	Create and view payment specification codes for the method of payment that you selected in the Methods of payment form. You define payment specification codes according to your agreement with the bank that is specified for the selected method of payment.
	Transaction text	Create transaction text for automatic postings to the general ledger. You can set up transaction text in various languages.
	Translations	Create text in another language. You can translate all texts for external use (such as terms of payment, terms of delivery, and modes of delivery) into one or more languages.
Configuring vendor payment formats	Check layout	Set up the layout of checks for the bank account that you selected in the Bank accounts form.
	File formats for methods of payment	Select import, export, return, and remittance file formats to use for vendor payments.
	Methods of payment - vendors	Create and maintain information about methods of payment for vendors.
	Promissory note layout	Set up the layout of promissory notes for the bank account that you selected in the Bank accounts form.
	Signature	Add, change, or remove signature image files, such as .bmp, .jpg, or .gif files. The signature image files are printed on checks as official legal entity signatures.
Configuring Accounts payable statistics	Aging period definitions	Set up and manage user-defined aging periods, which are used to analyze the maturity of customer accounts and vendor accounts, based on a date that you enter.
	Business statistics	Set up business statistics inquiries that can help you analyze the performance of your organization.
	Business statistics data	View data in a table format for a selected business statistic.
	Graphics setup	Configure the display of business statistics data on the Graphics tab in the Business statistics form.
	Line of business	Create and manage line of business codes that you assign to vendors in the Vendors form. For example, you can create codes that correspond to group codes that are defined by organizations you are affiliated with.
(USA) Configuring 1099 taxes	1099 fields	Verify and update, according to the latest Internal Revenue Service (IRS) requirements, the minimum amounts that 1099 boxes must contain before you are obligated to file 1099 reports with the IRS.
	1099 software vendor	Enter the required information about your software vendor to file IRS 1099 statements electronically or by using magnetic media.
	1099 transmitter	Enter the information requested by the IRS about the person or company who will file your 1099 statements electronically or by using magnetic media.
	Vendor state tax IDs	Set up the 1099 state tax information for each state where you will do business with a vendor before you enter invoices or make payments to the vendor.
Maintaining vendor information	Address book	Enter or view information about prospects, leads, opportunities, customers, contact persons, competitors, employees, and vendors.
	Invoice totals tolerances	Specify vendor-specific tolerances for invoice totals matching.
	Print management setup	Set up print management original or copy records and conditional settings. This information controls the way that documents, such as sales orders and purchase orders, are printed during the posting process.
	Vendor bank accounts	Create and manage vendor bank accounts, which are used when you make a payment to a vendor's bank account.
	Vendor groups	Create and maintain groups of vendors who share key parameters. These include terms of payment, settle periods, posting ledger, sales tax group, and default account setup.
	Vendor update of tax 1099 information	Enter or update 1099 information for a vendor.
	Vendors	Create and manage accounts for the vendors the organization does business with.