When you make a payment to a vendor, you post the payment in a payment journal. You can either import a bank statement file use the Suggest Vendor Payments batch job in the payment journal to find payments that are due. You can also use the Vendor - Summary Aging report to get an overview of payments that are due.
When the payments are posted, export them to a bank file for upload to your electronic bank site for processing.
The generic version of Microsoft Dynamics NAV supports bank-account transfer and SEPA credit transfer. Several other forms of electronic payment are supported in local versions.
From the Payment Journal window, you can print computer checks or record when checks are written manually.
When Computer Check is selected in the Bank Payment Type field in the Payment Journal window, the checks must be printed before the journal lines can be posted.
When the payments are made on your electronic bank site, import the bank statement to apply the payments to open purchase documents, so they can be posted to vendor, general, and bank account ledger entries.
The following table describes a sequence of tasks, with links to the topics that describe them. These tasks are listed in the order in which they are generally performed.
| To | See |
|---|---|
Determine which payments to pay, according to criteria that you define. | |
Fill in the lines in a payment journal manually. | |
Get an overview of amounts that are due or will be due for payment. | |
Export payments from the Payment Journal window to transfer vendor payments to your electronic bank site for processing, either by bank transfer or SEPA credit transfer. | |
Print computer checks or record checks that are written manually. | |
View a computer check before printing it. | |
Import bank statements from your electronic bank site to the General Journal window to prepare to apply your vendor payments to open purchase documents and post the payments. | |
Apply vendor payments to open purchase invoices or credit memos using an automatic application function in the General Journal window. See examples of how to specify mapping rules that map payments with debit or credit accounts and a balancing account according to text found in the payment description. |