Create a vendor group [AX 2012]

Updated: February 24, 2011

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

  1. Click Accounts payable > Setup > Vendors > Vendor groups.

    -or-

    Click Procurement and sourcing > Setup > Vendors > Vendor groups.

  2. Click New to create a new vendor group.

  3. In the Vendor group field, enter a unique identifier for the vendor group.

  4. In the Description field, enter an optional short description of the vendor group.

  5. In the Terms of payment field, select the terms of payment that apply to vendors you assign to the selected vendor group. For more information, see Terms of payment (form).

  6. In the Settle period field, select the standard interval between the due date for payments to vendors in the selected vendor group, defined by the Terms of payment, and the date on which the payments are drawn from your bank account. The settle period is used for liquidity calculations that are based on the cash flow forecast.

  7. In the Default tax group field, select the default tax group that is used to calculate taxes on purchases from vendors in the vendor group.

  8. To define ledger accounts for posting ledger transactions automatically upon the receipt of inventory from vendors in the selected vendor group, click Item posting, and then define the ledger accounts. For more information, see Item posting (form).

  9. To set up default ledger accounts for vendors in the selected vendor group, click Default account setup, and then define the ledger accounts. For more information, see Default account setup (form).

  10. To set up a supplies forecast for the vendor group, click Forecast. The forecast applies to the vendor group as a whole. For more information, see Supply forecast (form).

For more information about the fields that are mentioned in this procedure, see Vendor groups (form).


Announcements: To see known issues and recent fixes, use Issue search in Microsoft Dynamics Lifecycle Services (LCS).

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