In this webcast I will demonstrate how one can inherit and track invoice information from the initial recording of the invoice until the settlement and payment of the invoice on the bank account. Realizing this inheritence and tracking does not require sophisticated Artificial Intelligence (AI) or Business Intelligence (BI) tools but rather the setup of default descriptions only. Have a look at the following video to see how this secret ‘super weapon’ works.
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Ludwig you nailed it…. awesome. even though i am technical
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Brilliant solution! Thank you for sharing 🙂
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Thank you for this great post!
Do you see a way in to set the description in a “vendor invoice journal” or other journals over this functionality? This is still a gap in my view
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With vendor invoice journals there are indeed some limitations. An important question is whether you resp. your customers are able to move away from this ‘old school’ way of recording vendor invoices to the ‘new’ pending vendor invoice functionality that can be used for item and expense related invoices. I know that this is not an easy decision but maybe something to think about especially against the background that the invoice processing and scanning integration is supposed to work with the new pending vendor invoice form.
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Great Video. You said „the invoice processing and scanning integration is supposed to work with the new pending vendor invoice form“ – Can you demo this or have you seen a demo of scanning integration with new pending vendor invoice form? Thank you!
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Hello Stephanie,
In some of my prior prior posts you can find some information on vendor invoice processing with the new pending vendor invoice form.
I do not directly address the scanning issue because the standard solution does – at the moment – not ship with an invoice scanning tool.
As I do not have a free / demo license for Readsoft or other scanning providers, I cannot demonstrate that on my blog in the form of a video or post but only provide links to sources where you can find more information.
Best regards,
Ludwig
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How can you customize the Reference Field. My D365 does not have Invoice Description in the reference field.
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Hello Grace, I would need more information why the reference field is missing and what other fields are available. This is difficult in this comment section. Can you possibly post a new question on the dynamics community forum for finance and add some supporting screenprints? Many thanks and best regards, Ludwig
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Thank you Ludwig, I have posted this in the forum along with a screenshot. Here is the link “https://community.dynamics.com/365/financeandoperations/f/dynamics-365-for-finance-and-operations-forum/372684/customizing-default-description-for-vendor-invoice”
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Thanks a lot Ludwig. Excellent video!
I just wonder if there is a possible configuration to get an automatical description when I settle an Customer invoice from the general journal, like: “collection + Customer + invoice number”.
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Right. That should be possible if you post the payments first in a customer payment journal against a bridge account and then use a GL journal to clear the bridge account against the bank. If you directly post the settlement and customer payment in a GL journal then you can’t get this. Best regards, Ludwig
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Hi Ludwig. I have tried to replicate this and the default description works fine on the AP side on my voucher. I use account type BANK when posting my payment, but the voucher on my offset won’t reflect the text. Is it necessary to use acct type Ledger (via bridging) to make this visible? Also, my client is not using purchase orders, but will use electronic scanning process (register+approve journals) – is this also a blocker? Thanks, //Ulrika
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Hi ulrika, the offset text won’t be auto filled to my knowledge. About the Ocr process: please get into contact with your ocr provider that build the AX integration. I can’t tell you whether this will be a problem or not. depends among others on the integration points used. best regards ludwig
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Thanks, then I won’t push into this issue, we’ll have to do with a workaround. Have a good day!
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