Billing classifications (form) (Public sector) [AX 2012]

Updated: May 30, 2013

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

Click Accounts receivable > Setup > Billing classifications.

Use this form to create and maintain billing classifications. A billing classification is an Accounts receivable group that is processed and viewed separately or with other groups of receivables. For example, a billing classification might be a department or functional area.

All free text invoices must be associated with a billing classification.

NoteNote

This form is available only if the Public Sector configuration key is selected.

The following tables provide descriptions for the controls in this form.

Tab

Description

Policies

Set the policies for free text invoices that are assigned to the selected billing classification.

Billing codes

Associate billing codes with the selected billing classification.

Button

Description

New

Create a new billing classification.

Delete

Delete the selected billing classification.

NoteNote

Once a billing classification is assigned to a transaction, it cannot be deleted.

Up

Move the selected row up one settlement priority level.

Down

Move the selected row down one settlement priority level.

Add

Associate a new billing code with the selected billing classification.

Remove

Remove the selected billing code from the billing classification.

NoteNote

Once a billing code is assigned to a transaction, it cannot be removed from the billing classification.

Fields

Description

Priority

Set the billing classification settlement order that is applied when payments are received and the settlement feature or invoice lines feature is enabled. For more about how to enable these features, see Accounts receivable parameters (form).

NoteNote

Payments are applied to invoices with the highest billing classification priority first (those with the lowest numeric assignment) in the billing code priority that is specified. Any remaining payment will be applied to the next highest billing classification priority in the billing code priority that is specified, until the payment is exhausted.

Billing classification

Enter the billing classification name.

NoteNote

The billing classification name cannot be changed after it is created.

Description

Enter the billing classification description.

Terms of payment

Set the payment terms for invoices that are assigned to the billing classification. The payment terms will transfer to the invoice when a billing classification is selected.

Use interest code from posting profile

Select this check box to use the interest code from the posting profile for this billing classification. If you use this method, the interest will be calculated based on the customer instead of the billing classification.

Interest code

Select the interest code to use when calculating interest on overdue invoices that are assigned to this billing classification.

Caution noteCaution

If no interest code is selected and the Use interest code from posting profile is not selected, interest will not be calculated.

Use collection letter sequence from posting profile

Select this check box to use the collection letter sequence from the posting profile for this billing classification. If you use this method, the collection letter sequence will be determined by the customer instead of the billing classification.

Collection letter sequence

Select the collection letter sequence to use when new collection letters for overdue invoices are created that are assigned to this billing classification. This option is only available if the Use collection letter sequence from posting profile option is not selected.

Invoice number

Select the number sequence for invoices that are assigned to the selected billing classification.

Credit note number

Select the number sequence for credit notes that are assigned to the selected billing classification.

Restrict settlement of credit notes

Select this check box to prevent credit amounts from being applied to transactions with a different billing classification than the credit note. Any remaining balance will be stored as a customer credit.

Priority

Set the billing code settlement order that is applied when payments are received and the settlement feature or invoice lines feature is enabled. For more information about how to enable these features, see Accounts receivable parameters (form).

Payments are applied to invoices with the highest billing classification priority first (those with the lowest numeric assignment) in the billing code priority that is specified. Any remaining payment will be applied to the next highest billing classification priority in the billing code priority that is specified, until the payment is exhausted.

Billing code

Select the billing codes that will be available on free text invoices that have the selected billing classification assigned to them. If a billing code is not available, it may already be assigned to a billing classification. Each billing code can only be assigned to one billing classification.

Payments will be applied to the highest billing classification priority (those with the lowest numeric assignment) in the billing code order that is specified. Any remaining payment will be applied to the next highest billing classification priority in the billing code priority that is specified, until the payment is exhausted.

Description

The billing code description.


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

Community Additions

Show: