Notifications
Announcements
No record found.
Hi All
Is there a routine for prepaying vendor invoices in Dynamics. Not the prepayment of funds but the accrual of the financial cost across multiple periods. Much like the SO revenue recognition functionality in AR. I know there are accrual schemes but that is a manual process after an invoice has been posted.
I'm looking for something at the invoice entry point, where you can specify the dates and post direct to a BS code then release to the expense code on a monthly routine.
Thanks in advance.
Hi,
I am note sure what do you mean by manual process with accrual scheme, however I think that is the same thing you asked for a solution.
In accrual scheme, you can select start date and system creates the automatic accrual on BS account and accrue the expenses for future periods.
Hi Ramit
Thanks for the reply.
I'm looking for something other than accrual schemes, as this is manual and is not linked to the vendor invoice. Unless this can be linked directly at the point of entering a pending vendor invoice.
I would like to be able to enter a pending vendor invoice, select a product/procurement category and select a schedule, then create a periodic routine to "recognise" the cost. Very much like with SO revenue recognition. The example transactions would be for rent payable split over a 12 month period, or subscription expenses etc.
Thanks
there is nothing as of now. You can use periodic journal to create recurring entry but then you have retrieve every month.
Thank you for the reply, I thought this was the case I just wanted to make sure that there was nothing in the pipeline that I wasn't aware of.
Under review
Thank you for your reply! To ensure a great experience for everyone, your content is awaiting approval by our Community Managers. Please check back later.
As AI tools become more common, we’re introducing a Responsible AI Use…
We are honored to recognize Neeraj Kumar as our Community Spotlight honoree for…
These are the community rock stars!
Stay up to date on forum activity by subscribing.
Martin Dráb 660 Most Valuable Professional
André Arnaud de Cal... 549 Super User 2025 Season 2
Sohaib Cheema 307 User Group Leader
