You are setting up cash flow management in your organization by using Microsoft Dynamics AX 2012. A delay of five days is expected from the due date of the payments to the date on which the payments…

The correct answer is B. The Settle period field. Field: Settle period Select the standard interval between the due date for payments to vendors in the selected vendor group, defined by the terms of payment, and the date on which the payments are drawn from your bank account. The interval is typically a number of days. The…

Manage Cash and Bank Management

Question

You are setting up cash flow management in your organization by using Microsoft Dynamics AX 2012. A delay of five days is expected from the due date of the payments to the date on which the payments are drawn from your bank account Where on the Vendor groups form should you set up this delay?

Options

AThe Forecast tab
BThe Settle period field
CThe Default account setup tab
DThe Terms of payment field

How the community answered

(54 responses)

A
6% (3)
B
78% (42)
C
4% (2)
D
13% (7)

Explanation

Field: Settle period Select the standard interval between the due date for payments to vendors in the selected vendor group, defined by the terms of payment, and the date on which the payments are drawn from your bank account. The interval is typically a number of days. The settle period is used for liquidity calculations that are based on the cash flow forecast.

Topics

#cash flow management#vendor groups#settle period#payment delay

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