In this post we will illustrate how to configure and process cash sale within Dynamics AX 2012. Cash sales is one of the common business practice between entities. In cash sales process the customer is required to pay cash on the spot. Dynamics AX create two vouchers when we post sales invoice with cash payment terms as follow: First voucher Debit: Customer Account Credit : Revenue Account Second vouchers Debit: Cash Account Credit : Customer Account follow the few steps below to set up and process cash sales: 1- First, create Cash payment terms. Go to Accounts receivables > Setup > Payment > Term of payments. Click New, Enter the code and description then make sure to select COD payment method then select the Cash checkbox finally select the cash account. 2- Next, Crete sales invoice. Go to Accounts receivables > Common > free text invoices > all free text invoices > Click new > select customer account then add invoice lines then switch to header view. 3- Next, from the payment tab select Cash from the terms of payment. 4- Next, Post the Invoice. 5- Message will appear, verify that the invoice has been posted. 6- Next, to view the invoice vouchers click Invoice journal button then click the voucher button. 7- Verify that the cash sales vouchers has been created. 8- Next, to track all cash sales invoices go to Accounts receivables > Inquiries > COD outstanding. clear the show open only checkbox to view all cash sales invoices. verify that the our invoice has been added to the list. See you :) See Also
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