(IND) Reverse TDS payments and post the payment journal [AX 2012]

Updated: November 15, 2012

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

NoteNote

This topic has not been fully updated for Microsoft Dynamics AX 2012 R2.

You can reverse TDS payments that have been made by using checks.

  1. Click Cash and bank management > Setup > Cash and bank management parameters.

  2. Click the General tab.

  3. Select the Use review process for payment reversals check box to specify if journals should be used to review the checks that are pending reversal.

  4. Press CTRL+S or close the form.

  1. Click Cash and bank management > Common > Bank accounts.

  2. On the Action Pane, on the Setup tab, click Checks, and then click Create checks.

  3. Enter the first check number in the check series and the number of checks to create, and click OK.

  4. Click Accounts payable > Journals > Payments > Payment journal. Select or create a journal, and then click Lines.

  5. Enter information about the date, account, and amount.

  6. On the Tax information tab, select the tax information details to attach to the transaction.

  7. Click Post to post and transfer the journal.

A payment journal is automatically created in the Deposit slip payment cancellations form. You need to post this journal for the reversal entries to be posted. When you post this journal, all the voucher entries that were posted at the time of posting the original payment journal, including the taxes, will be reversed as is.

  1. Click Cash and bank management > Common > Bank accounts. On the Action Pane, on the Manage payments tab, click Checks.

    –or–

    Click Cash and bank management > Common > Checks.

  2. Select the transaction to be reversed and click Payment reversal.

    NoteNote

    For more information, see Reverse a posted check.

  3. Press CTRL+S or close the form.


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

Community Additions

ADD
Show: