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Payment status in payment journal in post dated check

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Posted on by Hossein.K

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Hi guys,

I have some post dated check from a customer and I have below scenario:

First, I want to put this post date check in to box and create vouchers related its.

Second, After some days I want to send this check to bank and create vouchers related its.

How I can use "Payment status in payment journal" with post?

How I can change this status?

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Hossein.K 6,642 on at

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RE: Payment status in payment journal in post dated check

Step 7:

To Settle or cancel check, go to

Accounts receivable > Common > Postdated checks > Customer postdated checks.

Settle a postdated check from a customer

Click Accounts receivable> Common > Postdated checks > Customer postdated checks.

Click Checks to send to bankto list postdated checks that have reached their maturity dates.

Select a check that is cleared by the bank, and then click Settle clearing entriesto settle the customer account for the check transaction.

Close the form to save your changes.
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Hossein.K 6,642 on at

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RE: Payment status in payment journal in post dated check

Step 6:

To record and create check, first create your SO and invoice it and then do the below:

Click Accounts receivable> Journals > Payments > Payment journal.

Create a new payment journal.

Click Enter Customer Payment.

4.Click Lines, and then in the Datefield, select the posting date.

5. Click the Postdated checkstab, and then in the Maturity date field, enter the date when the postdated check is due for payment, in MM/DD/YYYY format.

6.In the Received datefield, enter the date when the postdated check was received, in MM/DD/YYYY format.

7.In the Check numberfield, enter or modify the postdated check number.

8.In the Cashierand Salesperson fields, select the identification codes of the cashier and the salesperson responsible for the postdated check transaction.

9.In the Issuing bank branchand Issuing bank name fields, enter the bank details of the postdated check.

10. Set Payment state to Receive

11. Click Post> Post to post the amount in the postdated check. You can post a postdated check if you select the Post journal entries for postdated checks check box in the Cash and bank management parameters

12. Close the forms to save your changes.
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Hossein.K 6,642 on at

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RE: Payment status in payment journal in post dated check

Step 5:

If you want to create some vouchers related to your work flow, you can create the steps and otherwise leave this step.
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Hossein.K 6,642 on at

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RE: Payment status in payment journal in post dated check

Step 4:

Click Accounts receivable> Setup > Payment > Methods of payment.

In the Method of paymentfield, enter the method of payment for a customer.

In the Account typefield, select Bank.

In the Payment accountfield, select the bank account that is used to deduct the invoice amount.

Select the Postdated check clearing postingcheck box to indicate that the check amount is posted to a clearing account. (Select the clearing account in the Clearing account for received checks field in the Cash and bank management parameters) The Bridging posting check box is selected.
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Hossein.K 6,642 on at

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RE: Payment status in payment journal in post dated check

Step 3:

The journal type should be Daily

GL > Setup > Journals > Journals Names

In the Transfer postdated checks to this vendor payment journalfield, select the vendor payment journal that the postdated check transactions are transferred to.

In the Withholding tax clearing accountfield, select a clearing account that the withholding tax for vendors is posted to.
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Hossein.K 6,642 on at

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RE: Payment status in payment journal in post dated check

Step 2:

Click Cash and bank management> Setup > Cash and bank management parameters.

Click the Postdated checks

Select the Enable postdated checkscheck box.

Select the Post journal entries for postdated checkscheck box to post the financial transactions to clearing accounts for customers. This field is available only if you select the Enable postdated checks check box.

In the Clearing account for issued checksfield, select a clearing account for checks issued to vendors. This field is available only if you select the Post journal.

In the Clearing account for received checksfield, select a clearing account for checks that are received from customers. This field is available only if you select the Post journal entries for postdated checks check box. A clearing account is a temporary account that contains the amounts in the postdated checks

In the General journal for clearing entriesfield, select the journal to use to settle postdated check transactions. This field is available only if you select the Post journal entries for postdated checks check box.
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Hossein.K 6,642 on at

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RE: Payment status in payment journal in post dated check

Hi Guys;

To do this, we should do below steps:

Step 1:

Unchecked "Do Not Allow Manual Entry" for 'Bridging Account' and 'Clearing account' in main account
Ludwig Reinhard Microsoft Employee on at

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RE: Payment status in payment journal in post dated check

Hi Hossein,

You are right, the voucher is generated with the posting of the payment journal not before.

Yet, what about generating the payment and then posting the journal directly; either manually or through a modification?

Best regards,

Ludwig
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Hossein.K 6,642 on at

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RE: Payment status in payment journal in post dated check

Hi Ludwig,

Thanks for your reply.

Ax 2012 has a functionality which create and use bridge account automatically and it is correct.

but what is not support is voucher of box before send to bank.

I solve this problem with a bit customization and some changes and I will send its soon.

please follow me.
Ludwig Reinhard Microsoft Employee on at

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RE: Payment status in payment journal in post dated check

Hi Hossein,

I am still not sure about your scenario but recommend testing the following:

Step 1:

Create a transaction in a customer payment journal.

Make sure that the payment method used is setup in a way that a bridge account is used.

Record and post the customer payment in the journal

Step 2:

Open a GL journal

Select functions-select bridged payments

Accept the selected payment line and say ok.

This transfers the bridged transaction into your GL journal and posts it against your bank.

Best regards,

Ludwig