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Suggested answer

Purchasing Inventory on a credit card

Posted on by 5

Hi,

Currently, we do not issue purchase orders to vendors that prefer Credit Card as the payment method for the following reasons.

  • Our Credit card is charged at the time of sale.
  • Many times, products do not arrive within the billing window of the Credit Card.
  • AP has no receipt journal to match the CC charge against for processing.

Is there a way in AX2012 to buy direct materials on a Credit Card and process a payment against a PO that has not been received?

Thanks Jon L.

 

Categories:
  • RusselMartinez Profile Picture
    RusselMartinez 15 on at
    RE: Purchasing Inventory on a credit card

    Why just don't you try to use a revolut or any different virtual card to make the payment to purchase your inventory? It's easier!

  • Suggested answer
    oliverjoshua Profile Picture
    oliverjoshua 15 on at
    RE: Purchasing Inventory on a credit card

    I totally understand your frustration with not being able to use your credit card to purchase inventory. It can be such a hassle when you're ready to make a purchase and then find out that the payment method you want to use isn't accepted.

  • jledbetterq Profile Picture
    jledbetterq 5 on at
    RE: Purchasing Inventory on a credit card

    We use a company Visa card. I understand we can set the payment method to CC, but the issue seems to be AP not understanding how to process a payment with no receipt journal to match it against.

  • RusselMartinez Profile Picture
    RusselMartinez 15 on at
    RE: Purchasing Inventory on a credit card

    What payment method did you use to purchase inventory? None of the mine cards are accepted.

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