Positive pay file in AX 2012

Positive pay file overview The issuing company periodically sends a positive pay file to its bank, in which are listed the check numbers, dates, and amounts of all checks issued. When a check is presented to the bank for payment, the bank teller compares the information on the check to the information submitted by the … Continue reading Positive pay file in AX 2012

Bill of Exchange in AX 2012: Normal lifecycle

In today's post I'd like to dig into Bill of exchange feature in AX 2012. Before I dive in this feature I want to present normal lifecycle scheme Drawer creates Bill of Exchange. In the Bill of Exchange, the Drawer defines Order to pay money and the amount. Bill of Exchange should be properly dated. … Continue reading Bill of Exchange in AX 2012: Normal lifecycle

Customer reimbursement functionality

Recently I was thinking over customer refunds and bumped into Customer reimbursement feature. Check it out! This feature has couple prerequisites: Customer must be tied with the vendor (If a customer does not have a vendor account, a one-time vendor account is automatically created for the customer). Customer must have credit balance. Customer balance amount … Continue reading Customer reimbursement functionality

Refund customer by creating a check

In this post I would like to show you how you can easily create refunds through checks in AX. In certain circumstances if a customer has a credit balance on their account, they may request a refund of that credit balance. You may need to refund a customer due to other reasons like overpayments, billing errors, credit notes … Continue reading Refund customer by creating a check

Invoicing methods

Each company might have their own procedures for handling invoicing. AX has a variety of ways to manage incoming invoices depends on company’s needs. I would like to show you these ways. 1. Invoice register → Invoice approval 2. Invoice pool excluding posting → Invoice journal 3. Invoice journal 4. Vendor invoice Let’s take a … Continue reading Invoicing methods

AX BOM Calculation: some used setups

Let me show you which setups AX uses during BOM calculation Cost group: 1. Taken from Item (Product information management > Common > Released products > Detail view > Manage costs fast tab > Cost group field) -> If empty, Default cost group is taken (Inventory and warehouse management > Setup > Costing > Cost … Continue reading AX BOM Calculation: some used setups

Update AX system fields either CreatedDateTime or ModifiedDateTime

To verify some customizations, you might need to change the system fields either CreatedDateTime or ModifiedDateTime. The purpose of this can be different. I will provide you with the two options of changing system fields. First option allows you to change system fields at the moment of insertion new record. The second option allow you … Continue reading Update AX system fields either CreatedDateTime or ModifiedDateTime