Microsoft Dynamics AX 2012 R3 Financial Management

Exploring accounts payable controls

The accounts payable controls are an essential task to be discussed during the analysis and design phases and assessed in the operation phase for enhancements. Microsoft Dynamics AX 2012 R3 addresses the required procedures for accounts payable controls. It is significant to the business in order to control the execution of accounts payable processes, as it directly affects the company's liabilities; this is why it should be controlled and monitored. In the upcoming sections, we will explore the vendor hold activities, invoicing controls, and posting profiles.

Vendor hold activities

In daily business operations in accounts payable, the accounting manager might need to stop transactions on a specific vendor; the ...