Introduction
This module introduces the concept of managing vendor payments in Microsoft Dynamics 365 Finance. It covers the various aspects of creating, approving, and posting vendor payments, including how to handle cash discounts, payment proposals, and credit memos.
Module scenario
You're a financial manager at a midsized manufacturing company. You're responsible for managing all vendor payments and ensuring that the company pays all invoices on time to maintain good relationships with your suppliers. However, you often find it challenging to keep track of all invoices, especially when cash discounts occur for early payments or partial payments. Additionally, you need to handle credit notes for returned items and correctly apply them to the vendor's account. This module guides you through the process of managing vendor payments in Dynamics 365 Finance, which can help you streamline your tasks and improve efficiency.