Positive pay in Microsoft Dynamics 365 Finance and Operations one version D365FO

Positive pay in Microsoft Dynamics 365 Finance and Operations one version D365FO

Sharing quick steps in configuring and using postive pay:

1. Setup Positive pay on Bank account
   • Define positive pay format using XML-Element and upload a XSLT file.
   • Positive pay files are created by using data entities
2. Make vendor payment using the bank configured for pospay
   • Use CHECK method of payment
3. Generate pos pay file generation from the bank setup under manage payments
   • This downloads the positive pay file which can be sent to bank.
4. Verify the details of the pospay information from cash and bank management - positive pay - positive pay file summary