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Redraw a bill of exchange [AX 2012]

Updated: August 29, 2011

Applies To: Microsoft Dynamics AX 2012 R2, Microsoft Dynamics AX 2012 Feature Pack, Microsoft Dynamics AX 2012

When a protested bill of exchange has been resolved, you can use a redraw bill of exchange journal to settle the protested bill of exchange. A new transaction is created that has a Redrawn status for the protested bill of exchange.

NoteNote

To complete the bill of exchange cycle, you must remit and settle the redrawn bill of exchange. For more information, see Remit a bill of exchange and Settle a bill of exchange.

  1. Click Accounts receivable > Journals > Bill of exchange > Redraw bill of exchange journal.

  2. Create a journal, and then click Lines.

  3. Select the customer account for the invoice that corresponds to the bill of exchange that is being redrawn.

  4. Click Functions > Settlement to open the Settle open transactions form.

  5. On the Overview tab, select the Mark check box for an open, protested transaction.

  6. Close the form.

  7. In the Journal voucher form, click the Bill of exchange tab. Verify that the information is correct.

  8. Click Post > Post.

    The Bill of exchange journal inquiry form shows the redrawn bill of exchange. The form also shows a related line that has a Redrawn status and a sequence number of 2 or more. In the Bills of exchange statistics inquiry form, the number in the Redrawn bills row is increased, and the number in the Protested bills row is decreased.

When the journal is posted, the bill of exchange summary account is debited and the protested bill of exchange summary account is credited.

NoteNote

If you receive a message that mentions posting restrictions, you might be set up to post only journals that you created. For more information, see Posting restrictions (form).

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