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AR -Payment Journal -Automation of Minor Write-Offs

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Posted on by Feline77

In transaction Customer Payment Journal> Customer Payment -Is there a way to set up D3FO to automatically write-off payment residuals balances (within a specific amount range; example: over/under $50) for individual invoices after payment journal has settled? $50 is the amount that has been established as the threshold for automatic write-off w/o approval. If an invoice is short paid by $25, I would like it set up to automatically write off to the specified Write off GL account upon payment journal approval/settlement. Trying to reduce the time and inefficiency with clearing something that should be automatically cleared.

Thank you in advance for any information you can provide.

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Satish Panwar 14,671 Moderator on at

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Hi Feline77,

Please take a look at blog below that explain how you can simplify the write-off process.

www.loganconsulting.com/.../

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Ludwig Reinhard Microsoft Employee on at

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Hello Feline77,

The process describe here (dynamicsax-fico.com/ might help. It describes the process in AX2012, which is however similar to D365FO.

Best regards,

Ludwig

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llagalla 78 User Group Leader on at

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Is there a way to automate this in F&O without code?

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BillurSamdancioglu 20,713 Most Valuable Professional on at

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Hi,

You may use the link below on how settlement is done for over/under payment. Search for results of settlement.

https://docs.microsoft.com/en-us/dynamics365/finance/cash-bank-management/settlement-overview

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saurabh bharti 15,045 Moderator on at

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You can try using

exploredynamics365.home.blog/.../

or may be setting up cash discount limit in parameters using over/under payments

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Unknown User 10 on at

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Hi Feline77, Were you able to set this up out of the box? My client has the same requirements, your input will be very helpful!

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BillurSamdancioglu 20,713 Most Valuable Professional on at

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You can manage this process with to use the link below.

docs.microsoft.com/.../settlement-overview

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