(JPN) Set up the terms of payment and the cutoff day for a vendor [AX 2012]

Updated: January 20, 2017

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

Use the Terms of payment form to set up the cutoff day and payment day for a vendor. For more information, see (JPN) Terms of payment (modified form).

You can set up a cutoff day in the Terms of payment form to calculate the due date for a vendor based on the payment days that you have defined by using the Payment days form. For more information, see Payment days (form).

  1. Click Accounts payable > Setup > Payment > Terms of payment.

  2. Set up terms of payment.

  3. In the Payment method field, select Cutoff day as the payment method.

  4. In the Payment day field, select the payment day to use to calculate the due date.

  5. In the Cutoff day field, enter a numeric value from 1 to 31 to set the cutoff date. If the last day of the month falls on a date that has a number that is less than the numeric value that you have specified, the invoices are consolidated on the last business day of the month. For more information about cutoff day and due date calculation, see Calculating the due date for a consolidated invoice in (JPN) About consolidating invoices.


    This field is available only if you select the Use cut-off day check box in the Accounts payable parameters form.

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