(EEUR) Accounts payable parameters (modified form) [AX 2012]

Updated: October 17, 2012

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

Click Accounts payable > Setup > Accounts payable parameters.

Use this form to set up parameters for Accounts payable. We recommend that you first review all parameters and set them as necessary, especially before you enter or generate vendor invoices, because the parameters determine how the data that is generated by posting the source documents is handled.

You can use this form to do the following:

  • Select among various kinds of functionality.

  • Enter default information that is used if the information is not specified at a lower level.

  • Select number sequences for Accounts payable.

NoteNote

The controls that are described in this topic apply only to your country/region. For full documentation of this form, see the following topic or topics:

Accounts payable parameters (form)

Field

Description

Reverse on invoice date

Select this check box to reverse a prepayment transaction for the vendor as of the date on a specific invoice.

VAT transaction type

Select the value-added tax (VAT) transaction type for settlement:

  • Reverse – Select this check box if reversing the VAT transactions in a prepayment journal voucher should create postings as ordinary reversals, where the debits and credits are reversed by using positive amounts. VAT transactions are reversed in a prepayment journal voucher when payment is received, and the prepayment transactions are replaced by sales or other transactions.

  • Reversing entry – Select this check box if reversing the VAT transactions in a prepayment journal voucher should create postings as corrections, and use negative amounts in the debit and credit columns to cancel out the original postings.

Tax group for prepayment

Select the group of sales tax codes that is used when sales tax is calculated for a prepayment.

Item sales tax group

Select the group of item-specific sales tax codes that is used when sales tax is calculated for an item.

Exchange rate date

Select the method to use to calculate exchange rates:

  • Posting date – Calculate the exchange rate based on the posting date.

  • Date of VAT register – Calculate the exchange rate based on the VAT register date.

  • Document date – Calculate the exchange rate based on the document date.

  • Document date (for EU trade only) – Calculate the exchange rate based on the document date for trade with countries/regions in the European Union.

Prepayment handling

Select the layout of the form that is used for handling prepayments:

  • Simple – When you settle a prepayment with a payment, you can change only the date when the prepayment was created.

  • Advanced – When you settle a prepayment with a payment, you can change the date when the prepayment was created and specify taxes that differ from the default prepayment taxes.

Advance holder sorting

Select this check box to sort the advance holders in the Worker form. If this check box is selected, the advance holders appear at the start of the sorted list.

Issue when balance is open

Select this check box to allow cash to be issued to an advance holder that has a positive balance.

Name 
(In the Balance closing via cash and Balance closing via bank field groups)

Select the journal codes to use when you close balances for an advance holder through cash payments or through a bank.

Cash

Select the cash account code for closing out the balance for an advance holder.

Account type

Select the account type that the balance closing transaction is posted to.

Main account

Select the account number for the account type that is selected in the Account type field.


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

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