Daily Archives: November 28, 2013

Difference between Customer invoice, Free text invoice and Pro forma invoice in Ax 2012

Pro forma invoice – A pro forma invoice is an invoice that is prepared as an estimate of the actual invoice amounts before the invoice is posted. You can print a pro forma invoice for either a customer invoice for a sales order or for a free text invoice.   […]

Vendor Prepayment in Ax 2012

Vendor Prepayment is a scenario where the organization agrees to pay certain/full amount of purchases in advance to the vendor. ┬áIn Ax 2012, Prepayment process is as follows: Create a PO Mark the PO a prepayment Post a Prepayment Invoice Post a Payment entry Settle the Payment against the Final […]