Settle customer consolidated invoices by using a payment journal

In Japan, payments are made and settled against consolidated invoices.

This procedure walks you through settling a consolidated invoice using a payment journal and payment proposal feature.

Before you complete this procedure, be sure that you have a consolidated invoice created and confirmed.

This procedure was created using the demo data company JPMF.

1. Go to Accounts receivable > Periodic tasks > Consolidated invoice.
2. Note the value in the Consolidation ID field to reference later
   • You can use JPMF-000002 from the demo data company JPMF.
3. Go to Accounts receivable > Payments > Payment journal.
4. Click New.
5. In the Name field, type a value.
6. Click Lines.
7. Click Payment proposal.
8. Click Create payment proposal.
9. Expand the Advanced parameters section.
10. In the Consolidation ID field, type a value.
    • You can use the value noted previously on the Consolidated invoice page.
11. Click OK.
12. Click Create payments.
    • Confirm the payment line is generated based on the proposal. Provide a Date for posting.
    • When there are multiple invoices tied on one consolidated invoice, there may be multiple lines on the payment journal been generated.
13. Click Post.
14. Go to Accounts receivable > Periodic tasks > Consolidated invoice.
    • Confirm that the status of the consolidated invoice has been updated to be Settled.

Help us understand

We want to learn more about how people use Microsoft's custom Help toolkit. Take the survey (in English) and help us understand: https://forms.office.com/r/A4cUJgjkD1.