Introduction
This module explains how to create free text invoices and how to receive payments from customers and deposit them in the bank. You will also learn how to refund a customer for an over payment amount or any other scenarios, such as customer returns, or when you need to refund the payment and tax that has been collected back to the customer. Additionally, you will learn how to use transaction reversals in Accounts receivable in Dynamics 365 Finance, and how to distribute funds by using accounting distributions in a free text invoice.
In this module, you will learn how to:
- Create free text invoices and record customer payments
- Distribute funds by using accounting distributions
- Configure recurring invoices
- Use reversals in Accounts receivable
- Understand revenue recognition