Tired of Creating Payment Proposals & Collections Letters? D365 Has The Answer!
Microsoft features for Credit and collections and Accounts Payable are incredible time-saving process automations to be taken advantage of.
Enable the features
Please start with the Feature management workspace and enable the features.
Vendor payment proposal automation
Navigate to Accounts payable > Setup > Payment setup and find Process automations.
Select Create new process automation and select a Schedule type of Vendor payment proposal.
Select the Company the process automation is to run in.
Click Create series.
Enter a Name.
Enter a Scheduling time and Start date.
Enter a reoccurrence pattern.
Enable any alerts required from the automation.
Click Next.
In the next step, define the Parameters for the scheduled automation. Multiple automations can be created to account for different sets of parameters, such as currency, method of payment, vendor groups, cash discounts, etc.
Once the Parameters and Filters are entered, click Finish.
The Process automation grid will display all of the Scheduled Vendor proposals. From the grid, the scheduled automations can be Edited, Deleted, Disabled or Reviewed.
New automations can also be created from this form.
As a result, Payment journals will be automatically created and available for processing at the proper time to eliminate the need to manually generate Vendor payment proposals with differing criteria.
Wouldn’t it be amazing to arrive at work on Friday morning and have all of the payment journals prepared and ready to execute!
Customer collections process automation
Navigate to Credit and collections > Setup > Credit management setup and find Process automations.
Select Create new process automation and select a Schedule type of Collection process automations.
Select the Company the process automation is to run in.
Click Create series.
Enter a Name.
Enter a Scheduling time and Start date.
Enter a reoccurrence pattern.
Enable any alerts required from the automation.
Click Next.
In the next step, define the criteria for the scheduled automation series. This includes the Process hierarchy, Process details, and Email content.
Click Next.
Preview the process assignment to insure the results is as expected.
Click Finish.
The Process automation grid will display all of the Scheduled collections automations. From the grid, the scheduled automations can be Edited, Deleted, Disabled or Reviewed.
New automations can also be created from this form.
Wouldn’t this be another incredible time saver! Questions about this or similar functionality in Dynamics 365? Feel free to contact us!