An off-invoice feature in Microsoft Dynamics AX

An off-invoice deduction is one of the simplest and easiest-to-understand types of trade-channel promotions. The customer takes an agreed amount off of the invoice. Thus encourage the customer to buy more by saving money on the total sales, thereby increase company profit by selling more. This is often in combination with sale of a certain … Continue reading An off-invoice feature in Microsoft Dynamics AX

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Lump sum feature in Microsoft Dynamics AX (AX 7)

Lump sum deduction may be taken in lieu of full customer payment in case if they render any advertising services. Let’s get down to brass tacks. How can you perform it in AX 7? So far as with a new customer without transactions it would be very easy to show you this process - let’s … Continue reading Lump sum feature in Microsoft Dynamics AX (AX 7)

Deduction management in Microsoft Dynamics AX (AX 7)

With this I would like to explain the common issue and demonstrate how to manage it in AX. The issue is when the customer short pays on their invoices. A short pay is when the customer pays less than the invoiced amount. Unidentifiable amount at the time of payment processing impede your company’s cash flow and lead to … Continue reading Deduction management in Microsoft Dynamics AX (AX 7)