Configure Accounts payable in Dynamics 365 Finance

Module
17 Units

Intermediate

Functional Consultant

Dynamics 365

Finance

Supply Chain Management

You can enter vendor invoices manually or receive them electronically. You learn how to configure the Accounts payable module in Dynamics 365 Finance to empower accounts payable staff to perform their daily activities.

Learning objectives

In this module, you learn how to:

Configure accounts payable components.
Create and maintain a vendor.
Configure vendor payments.
Set up vendor posting profiles.
Configure accounts payable charges.

Prerequisites

Basic understanding of finance and accounting processes
General understanding of purchase order invoicing
The ability to use Finance for basic processing

Introduction min
Configure the payment schedule min
Configure terms of payment and payment days min
Configure cash discounts min
Set up payment fees min
Create vendor groups min
Set up accounts payable posting profiles min
Set up default descriptions for automatic posting min
Create vendors min
Set up methods of payment for vendors min
Set up bank accounts and bank account approvals for vendors min
Set up electronic payment formats min
Configure accounts payable charges min
Configure and use positive pay min
Lab - Configure accounts payable components min
Check your knowledge min
Summary min