[Najeem JanatAli]

Hi All

We just set up procurement module, where requester can submit PR, go through approval process and convert to PO

We noticed that if its paid by credit card what would be the process. Eg

If PR is for Amazon which is online purchases, its approved and became PO

However its paid by Visa: American express

When PO is going to convert to invoice it will be on Amazon name not on American express card

Any suggestion

Thanks and kind regards

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Nazim Lalji
Dynamics AX Analyst

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[Euan G]

Hey Nazim,

Assuming you pay the supplier (Amazon) immediately with a company Credit card, and then pay off the Credit Card at a later date, this can be easily accommodated through the use of Methods of Payment in the Purchase ledger.

You should set up these suppliers with a Credit Card Method of payment, which has an offset account that will post to a Credit Card ledger account.

When the invoice is processed through FinOps it can be picked up on a Payment Journal which would Debit the Supplier account then Credit the account defined on the Method of Payment.

Once the Credit card statement is received, you will be able to reflect the Credit card payment in the Purchase ledger by creating a journal which Debits the Credit card account and Credits the Bank account.

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Euan
Hitachi Solutions Europe
London
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