Introduction
You need to configure the Accounts receivable module in Dynamics 365 Finance to be able to create customer invoices, post packing slips, and use free text invoices that are not related to sales orders. Finally, this module will explain how to receive payments by using several different payment types such as cash, checks, credit cards, and electronic payments from your customers.
This module provides information about the configuration of essential components of the Accounts receivable module and the customer setup for efficient management of customers and customer transactions in finance and operations.
In this module, you will learn how to:
- Configure Accounts receivable components.
- Create and maintain a customer.
- Configure customer payments.
- Set up customer posting profiles.
- Configure accounts receivable charges.
Accounts receivable offers extensive functionality to set up different customer payment options:
- Payment schedules
- Payment days
- Terms of payment
- Cash discounts
- Methods of payment
- Payment fees
Before you can set up Accounts receivable, you should have completed the setup of the General ledger and Cash and bank management modules (Configure and use the general ledger in Dynamics 365 Finance and Configure cash and bank management in Dynamics 365 Finance).