Export (0) Print
Expand All

Remit a promissory note [AX 2012]

Updated: August 29, 2011

Applies To: Microsoft Dynamics AX 2012 R3, Microsoft Dynamics AX 2012 R2, Microsoft Dynamics AX 2012 Feature Pack, Microsoft Dynamics AX 2012

Use a remittance journal to generate a remittance file that you can send to your bank. The file can contain information about drawn promissory notes, redrawn promissory notes, and invoices that have been posted.

  1. Click Accounts payable > Journals > Promissory notes > Remittance journal.

  2. Create a journal.

  3. Click the Promissory note tab, and then select a bank account.

  4. Click Lines.

  5. In the Journal voucher form, select the vendor account for the invoice, and then click Functions > Settlement.

  6. In the Settle open transactions form, in the Mark column, select the check box for the invoice transaction that has an Invoiced status. Also select the check box for the promissory note payment transaction that has a Drawn status. Close the form to transfer the selected transactions to journal lines.

    NoteNote

    Any remaining amount on the transactions must be settled. You cannot create a partial settlement in a remittance journal.

  7. In the Journal voucher form, click the Payment fee tab. Verify that the payment fee that is included with the remittance is correct.

  8. To create the remittance file for the bank, click Functions > Generate remittance.

  9. Click Post > Post.

    A new line is created for the promissory note. This line has a Remitted status and a sequence number of 1 or greater. Additionally, a vendor transaction is created for the invoice. This transaction has an Invoice remitted status. Both the promissory note and the vendor transaction are shown in the Promissory note journal inquiry form. In the Promissory note statistics inquiry form, the number in the Remitted and remitted-confirmed documents row is increased, and the number in the Drawn and invoice-confirmed documents row is decreased.

    When you remit a drawn promissory note, the promissory note summary account is debited, and the remitted promissory notes summary account is credited.

    When you remit an invoice, the vendor summary account is debited, and the invoice-remitted 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).


Announcements: To see known issues and recent fixes, use Issue search in Microsoft Dynamics Lifecycle Services (LCS).
Was this page helpful?
(1500 characters remaining)
Thank you for your feedback

Community Additions

ADD
Show:
© 2014 Microsoft