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Dynamics 365 Community / Forums / Microsoft Dynamics AX (Archived) / what is the meaning of...
Microsoft Dynamics AX (Archived)

what is the meaning of settlement type designated transaction

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Posted on by subashini 858

Hi Experts,

What is the meaning of settlement type designated settlement type.

Could  anyone please explain me

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  • André Arnaud de Calavon Profile Picture
    André Arnaud de Cal... 294,707 Super User 2025 Season 1 on at
    RE: what is the meaning of settlement type designated transaction

    Hi Subashini,

    The information provided by Blue Wang gives you an overview of the settlement options. If you have e.g. a payment journal and you mark invoices for settlement, the designated option will be automatically updated. This is for internal coding purposes. Based on the option, the system knows if it needs to settle transactions or not and if it should do it based on the marked settlements or automatically, starting with the oldest open transaction.

  • subashini Profile Picture
    subashini 858 on at
    RE: what is the meaning of settlement type designated transaction

    I did not understand

  • Ludwig Reinhard Profile Picture
    Ludwig Reinhard Microsoft Employee on at
    RE: what is the meaning of settlement type designated transaction

    Hello subashini,

    Please check the answer provided and let us know if this answered your question by verifying or not verifying the answer.

    Many thanks and best regards,

    Ludwig

  • Blue Wang Profile Picture
    Blue Wang on at
    RE: what is the meaning of settlement type designated transaction

    Hi Subashini,

    Is this what you are looking for?

    648524.2.PNG

    https://docs.microsoft.com/en-us/dynamicsax-2012/appuser-itpro/about-settlement-type-for-credit-notes

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