Set up a method of payment for checks


This content is archived and is not being updated. For the latest documentation, see Microsoft Dynamics 365 product documentation. For the latest release plans, see Dynamics 365 and Microsoft Power Platform release plans.

Applies To: Microsoft Dynamics AX 2012 R3, Microsoft Dynamics AX 2012 R2, Microsoft Dynamics AX 2012 Feature Pack, Microsoft Dynamics AX 2012

Follow these steps to set up methods of payments for checks.

  1. Click Accounts payable > Setup > Payment > Methods of payment.


    Click Accounts receivable > Setup > Payment > Methods of payment.

  2. Click New to create a line.

  3. In the Method of payment field, enter an identifier, such as Check.

  4. In the Period field, select the period for which invoices in automatic payment proposals are combined:

    • Invoice – One payment transfer is created for each invoice.

    • Date – All invoices for a vendor or customer that have the same due date are combined.

    • Week – All invoices for a vendor or customer that have a due date in the same week are combined.

    • Total – All invoices for a vendor or customer are combined into one payment.

  5. In the Description field, enter a name or short description for the method of payment.

  6. In the Grace period field, if applicable, enter the number of days after the specified period when the vendor or customer is eligible for a cash discount.

  7. In the Payment status field, select the payment status that must be fulfilled to post a payment that is assigned this method of payment. For a method that uses checks, the status is often Received or Sent.

  8. Click the File formats FastTab. In the Export format field, select the export format for this method of payment.

  9. Click Close to close the form and save the changes.

See also

Make a payment by check

Print copies of payments as non-negotiable checks