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Microsoft Dynamics 365 Enterprise Edition - Financial Management - Third Edition
book

Microsoft Dynamics 365 Enterprise Edition - Financial Management - Third Edition

by Mohamed Aamer Ala El Din
March 2018
Beginner
562 pages
11h 42m
English
Packt Publishing
Content preview from Microsoft Dynamics 365 Enterprise Edition - Financial Management - Third Edition

Customer settlement mechanism – Dynamics 365 for Finance and Operations

In Microsoft Dynamics 365 for Finance and Operations, customer settlement is a transaction used to settle customer advanced collections or collections against customer invoices, and this function is done on a monthly basis.

Customer settlement has the following effects:

  • The first effect is at the customer level. It closes the customer transaction.
  • The second effect is on the financial entry, and occurs if the posting profiles of the advanced collection and invoice are different.

Next, I will illustrate the mechanism of the customer advanced collection, invoices, and customer settlement financial entries, as follows:

  • The customer advanced collection posting profile ...
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Publisher Resources

ISBN: 9781788839297