Accounts Receivable & Payable Setup in AX 2012 R3 | Payment Terms, Posting Profiles, Charges & Electronic Payments

Overview

This course provides a complete, scenario‑based walkthrough of setting up and maintaining Accounts Receivable and Accounts Payable in Microsoft Dynamics AX 2012 R3. You’ll learn how to configure payment terms, posting profiles, charges, aging periods, bridge accounts, electronic payments, centralized payments, prepayments, bills of exchange, and direct debit mandates.

Payment Terms & Schedules

• Create payment schedules

• Create payment terms

• Configure payment days

• Define cash discounts

• Define payment fees

Payment Methods & Vendor/Customer Setup

• Create payment methods

• Create vendor accounts

• Create vendor groups

• Create customer accounts

• Create customer groups

Posting Profiles

• Define vendor posting profiles

• Assign posting profiles

• Define customer posting profiles

• Form setup & print management

Matching Policies & Charges

• Define matching policies

• Define tolerances

• Create charges

• Create charge groups

Aging Periods

• Define aging periods

• Configure aging buckets for AR/AP reporting

Bridge Accounts & Electronic Payments

• Set up bridge accounts

• Manage electronic vendor payments

• Manage electronic customer payments

Centralized Payments & Prepayments

• Configure centralized payments

• Manage prepayments (deposits)

• Apply prepayments to invoices

Bills of Exchange

• Administer bills of exchange

• Manage acceptance, remittance, and settlement

Direct Debit Mandates

• Create and manage direct debit mandates

• Configure mandate validity and usage

Outcome

By the end of this course, you’ll be able to confidently configure AR/AP setup including payment terms, posting profiles, charges, aging periods, electronic payments, centralized payments, prepayments, bills of exchange, and direct debit mandates.