About parameters for settlements in Accounts receivable

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

The following parameters affect how settlements are processed in Microsoft Dynamics AX. Settlement is the process of settling an invoice with a payment or credit note. These parameters are located in the Settlement area of the Accounts receivable parameters form.

• Automatic settlement

• Cash discount administration

• Maximum penny difference

• Maximum overpayment or underpayment

• Calculate cash discounts for partial payments

• Calculate cash discounts for credit notes

• Edit pre-version 2.5 settlements

• Mark lines on free text invoices and interest notes

• Prioritize settlement

• Manage priority link

• Use priority for automatic settlements

For information about these parameters, see Accounts receivable parameters (form).

Related scenarios

See also

Key tasks: Customer payments and settlements

Accounts receivable parameters (form)

Scenario: Settle a customer payment with an invoice

Scenario: Automatic settlement and prioritization

Scenario: Cash discount handling for overpayments

Scenario: Settle a partial customer payment and settle the final payment in full before the discount date

Scenario: Settle a partial customer payment before the discount date with a final payment after the discount date

Scenario: Settle a partial customer payment that has multiple discount periods

Scenario: Use one customer payment to settle multiple invoices that span multiple discount periods

Scenario: Settle a partial customer payment that has discounts on credit notes