Electronic payments these days are being used more often. They save time and reduce paperwork. Although Dynamics AX provides a number of standard out-of-the-box electronic payment formats for various countries, there is always the case when the required format is not present or does not exactly match customer bank requirements. In such cases, we either modify the existing format that is the closest match to the required one or even create a totally new format from scratch.
In this recipe, we will create a custom electronic payment format and will process a vendor payment using it. We will learn the general principles of building such functionality.