Paying a vendor with a credit card

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Posted on by Steve Simon

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In GP I can create a credit card, say Amex, and link it to the Amex vendor. When I pay another vendor's invoice by this CC, i just enter the Amex CC and it transfers the liability from the other vendor to Amex. Neat. How do i do this in D365 - Business Edition?

Thanks,

Steve Simon
PDG Consultants

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Financial Management

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MCarrero 774 on at

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I have seen this done where you create a bank account for Amex. Using the Bank acct posting group, you link it to your GL account for AMEX. Create a payment method called AMEX and add that to your vendors.

When you post an invoice for this vendor, the vendor balance will be 0 and the AMEX bank account will contain the balance (shown as a negative). At the end of the month, just create a payment journal for the bank account AMEX and offset to your checking account you are paying it out of.

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