Methods of Payment for an auto debit transaction

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Posted on by niq

I have added a new method of payment for "auto debit". The problem I have encountered was the file format for this. It wouldn't go without this. How can I setup a file format for this. Can I use the same format as we are using in "check" method of payment? Thank you

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niq 80 on at

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RE: Methods of Payment for an auto debit transaction

Hi Ludwig,

Sorry to confuse you here, I was also confused and now enlightened already after reading your instructions over and over again. So I can post this without going through the "generate payment" process. I tried and it worked, thank you for your help Ludwig. :)
Ludwig Reinhard Microsoft Employee on at

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RE: Methods of Payment for an auto debit transaction

Hello niq,

Why do you try generating a payment?

I thought you only require a ledger transaction between bank accounts?

Seems I understood you wrong.

Can you probably be explain a bit more why the payment generation is necessary and why you cannot simply post the journal as indicated above?

Many thanks and best regards,

Ludwig
niq 80 on at

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RE: Methods of Payment for an auto debit transaction

Hi Mr. Ludwig,

but I am encountering this kind of error message:
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Ludwig Reinhard Microsoft Employee on at

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RE: Methods of Payment for an auto debit transaction

Hello niq,

So, you just to need post DR "Bank A" and CR "Bank B", right?

In this case you won't need to link a file format to your method of payment if it is just used to indicate that it was for a special kind of transaction/payment.

Best regards,

Ludwig
niq 80 on at

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RE: Methods of Payment for an auto debit transaction

No need to print a check for this method of payment.
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Ludwig Reinhard Microsoft Employee on at

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RE: Methods of Payment for an auto debit transaction

Hello niq,

The question is whether or not you need to print a check or not.

Can you take a look at the following sites/responses as I believe the questions there head into the same direction.

community.dynamics.com/.../recording-manul-check-in-dynamics-ax

community.dynamics.com/.../134857

Hope this helps,

Ludwig
niq 80 on at

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RE: Methods of Payment for an auto debit transaction

Hi Mr. Ludwig, this is actually a bank to bank transaction. Do we still need a file format for this? For posting of payment, we would just like to indicate that this was an auto debit payment transaction.

Thank you
Ludwig Reinhard Microsoft Employee on at

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RE: Methods of Payment for an auto debit transaction

Hello niq,

What file format do you / your financial service provider need in this case? This Setup is highly Country-specific and it would be great if you could provide us at least some basic information about those requirements.

Many thanks and best regards,

Ludwig