Accounts Payable Posting Profile

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Posted on by Michael agostini

Der Dynamics Community,

I am trying to configure D365 to do the following:

1) For a specific vendor book the credit against a balance sheet account that is NOT Accounts payable control account but an intercompany account. (we are not using D365 intercompany in this scenario it is just an account name.

2) Based on the setup below I have been able to get that posting profile to work as expected. But the issue is I have the payable against the vendor and we do not need it to be there.

Any ideas how to do this without having the transaction go against the vendor.

I just want a DR to INVENTORY and CR to INTERCOMPANY for this one vendor.

Thanks very much,

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ZvikaR 152 on at

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RE: Accounts Payable Posting Profile

I'm not sure what to tell you.

Are you getting an error message or simply the PO invoice is posting but no "clearing" transaction?

I tested it (again) on my environment and managed to get it to works without any issue for a purchase order (once you invoice it) - it might be a configuration issue on your environment or maybe you did not select the correct Terms of Payment on the PO header before invoicing?

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Michael agostini on at

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RE: Accounts Payable Posting Profile

FYI it only works on Invoice Journals.

thanks

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ZvikaR 152 on at

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RE: Accounts Payable Posting Profile

yes, it working on both purchase orders and AP invoice journals

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Michael agostini on at

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RE: Accounts Payable Posting Profile

Zvika,

It looks like this works for an invoice journal but when I try it on a three way match it is not working as expected.

Did you expect this wort work in both scenarios?

Thanks,

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Michael agostini on at

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RE: Accounts Payable Posting Profile

Do I need a method of payment with this?

Thanks

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Michael agostini on at

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RE: Accounts Payable Posting Profile

I just tried this and it is not working.

I created the new Terms of payment (as outlined above) and added it to the vendor.

When I posted the invoice the CR still went to Accounts Payable control account not the intercompany account.

Thanks,

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Michael agostini on at

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RE: Accounts Payable Posting Profile

I like this!!

Thank you for the suggestion.

Regards,

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ZvikaR 152 on at

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RE: Accounts Payable Posting Profile

ok, so if what you want is to immediately clear the AP balance into a ledger account, there is a more automated way (this is different from what you asked for earlier, which was to not post into the AP sub-ledger at all)

You can create a Term of Payment type, Payment Method = COD, Cash Payment = Yes, Cash = ledger account for intercompany.

As soon as you post the vendor invoice, the system will automatically create a clearing transaction, and settle it against the vendor transaction. So no open AP transactions remain on the vendor record.

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Michael agostini on at

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RE: Accounts Payable Posting Profile

I think what I am going to do is set up a method of payment (vendor) that DR's AP and CR's this intercompany account instread of a bank account.

I think that will do it.

Thoughts...

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OsmanIstanbul 2,818 on at

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RE: Accounts Payable Posting Profile

Hi Michael

What is your inventory transaction? Purchase order? Does is contain any tax?

Why simply do not you transfer cr amount from vendor to intercompany account with a journal?

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