AR Parameter - Automatic Settlement

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Posted on by lmai

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Hi All,

I'm not certain how this feature is being used. When turned on the Automatic Settlement in the Accounts receivable parameter, I went post the Free text invoice; then post the payment. I didn't see how it automatically settled. When I filled out the journal line for the payment, I selected the invoice which I wanted to apply for the payment. So in what case, the Automatic Settlement is useful? Thanks.

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Andrew Xu 3,877 on at

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Have you gone thru this post?

Automatic settlement and prioritization

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Galyna Fedorova 3,566 on at

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Please review this link as well gfeaxblog.wordpress.com/.../automatic-settlement

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ZvikaR 190 on at

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"auto settlement" need to be selected AND on the posting profile of the invoice, checkbox for "auto settlement" need to be selected.

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Ludwig Reinhard Microsoft Employee on at

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Hello Kim,

Do you really want to settle customer invoices automatically?

Is this how your business process is setup that you settle payments for example based on the due date, transaction type, etc.

Most companies I worked with settle invoices exactly based on the invoice number and amount that the customer provided with his payment.

All I want to say is being careful when thinking about implementing this functionality.

Best regards,

Ludwig

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Mahmoud Hakim 17,887 on at

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You can check this blog

ax4erp.blogspot.ae/.../automatic-settlement-for-customers-and_15.html

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Khaled Alloud 3,658 on at

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This might help too :)

technet.microsoft.com/.../hh692489.aspx

Best,

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lmai 2,442 on at

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Hi Andrew,

Thank you for the link. I'm not sure I follow this. I can't connect to this from the practical standpoint.

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lmai 2,442 on at

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Thank you, Galyna, for the link. It makes sense.

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