Accounts Payable and Accounts Receivable
The Accounts Payable and Accounts Receivable modules within Microsoft Dynamics AX ERP solution are integrated with each other to create a seamless and user-friendly accounting system.
The Accounts Payable module allows tracking of all purchases and expenses. Set up vendor groups and payment options. Define cost parameters relating to vendors, purchase orders, discounts, supplementary items, deliveries, etc. Settle invoices, create and manage purchase orders and planned purchase orders with various journals.
The following Accounts Payable features are available in Microsoft Dynamics AX enterprise resource planning system:
The Accounts Receivable module allows tracking of all sales and incoming payments from customers. Set up customer groups and payment options. Create interest notes and collection letters. Define parameters relating to customers, sales orders, prices, discounts, supplementary items, deliveries, etc. Settle customer invoices and make inquiries from all available data in the Accounts Receivable module.
The following Accounts Receivable features are available in Microsoft Dynamics AX enterprise resource planning system: