Best way to track ongoing / recurring payments in Dynamics NAV

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Simple question I guess. But interested to see what is the opinion of everyone on what is the best way to track ongoing regular / variable payments in Dynamics NAV e.g Rent, Subscriptions etc.

Would you used blanket orders or would you use recurring payment journals. What would be the difference?

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Teddy Herryanto (Th... 13,033 Moderator on at

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RE: Best way to track ongoing / recurring payments in Dynamics NAV

Purchase Invoice with Standard Vendor Purchase Code.
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RE: Best way to track ongoing / recurring payments in Dynamics NAV

Ok thanks. If I did want to print out a document what would be the best option?
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Gulshan Shubham 2,202 on at

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RE: Best way to track ongoing / recurring payments in Dynamics NAV

I believe that if you don't need to print the document then its best to for Recurring Journal.

Pros of using Recurring Journal:

1) Recurring journal preserve the line for the next transaction to be held as per the formula set.

2) Multiple types available i.e. Fixed, Variable, Balance etc. to accommodate multiple scenarios making the transaction optimised.

3) Expiry Date field provided which would restrict the posting of transaction exceeding the provided date.
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Teddy Herryanto (Th... 13,033 Moderator on at

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RE: Best way to track ongoing / recurring payments in Dynamics NAV

Recurring journal for simplicity. Blanket Order is not designed for regular payment.

Unless you need to print the document, journal should be enough.