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  • FIN.1.3.1 - (Vendor Group Setup)

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    Islam Sultan
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    This document provides instructions for setting up vendor groups, vendor posting profiles, and individual vendors in Microsoft Dynamics AX. It describes creating a vendor group called "Kuwait Vendors" for reporting purposes. It also explains that posting profiles define summary accounts where invoices are initially posted before being offset by payments. Finally, it outlines adding a new vendor called "Finfine Drug & Medical Supplies" and assigning it to the "Ethiopia" vendor group.

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    Config-AP

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    Config-AP

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    This document provides instructions for setting up vendor groups, vendor posting profiles, and individual vendors in Microsoft Dynamics AX. It describes creating a vendor group called "Kuwait Vendors" for reporting purposes. It also explains that posting profiles define summary accounts where invoices are initially posted before being offset by payments. Finally, it outlines adding a new vendor called "Finfine Drug & Medical Supplies" and assigning it to the "Ethiopia" vendor group.

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    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
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    5 views3 pages

    FIN.1.3.1 - (Vendor Group Setup)

    Uploaded by

    Islam Sultan
    This document provides instructions for setting up vendor groups, vendor posting profiles, and individual vendors in Microsoft Dynamics AX. It describes creating a vendor group called "Kuwait Vendors" for reporting purposes. It also explains that posting profiles define summary accounts where invoices are initially posted before being offset by payments. Finally, it outlines adding a new vendor called "Finfine Drug & Medical Supplies" and assigning it to the "Ethiopia" vendor group.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 3

    FIN.1.3.

    1 [Vendor Group Setup]


    Accounts PayableSetupVendor Vendor groups The Vendor groups are used for reporting and assisting the financial posting of the Vendors on the Ledger accounts. Step 1:Click Ctrl + N to create a new Vendor group, and then complete the information as shown below. Field Vendor group Description Value Kuwait Kuwait Vendors Comments

    Page 1

    FIN.1.3.2 [Vendor Posting Profile Setup]


    Accounts Payable setup vendor Posting profiles
    Posting Profiles are common throughout all modules in Microsoft Dynamics AX, In Accounts Payable posting profiles, the summery accounts are defined for vendors. Summary accounts are temporary accounts where all invoices are posted to and offset when the vendor is paid.

    Step 2:Click Ctrl + N to create a new posting profile, then complete the information as shown below:

    Posting Profile All

    Account Code

    Summary Account

    All

    21000001

    Page 2

    FIN.1.3.3 [Vendors Setup]


    Accounts Payable Common VendorsAll Vendors (General Tab) Direct Aids vendor coding will be automatically & it will consist of 5 digits XXXXX Click Ctrl + N to create a new Vendor, then complete the information as shown below:

    Field Vendor account Name Search name Group

    Value Will default Finfine Drug & Medical Supplies Finfine Drug & Medical Supplies Ethiopia

    Comments

    Page 3

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