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Setup page · Accounts payable

Methods of payment

A setup page for all the methods of payment that the company uses to pay vendors.

Used by
Accounts payable manager, Auditor, Accounting manager and 2 more roles
Business process
Issue and settle supplier payments
Menu item
VendPaymMode
Main table
VendPaymModeTable
Data entity
VendorPaymentMethodEntity
Setup steps
1 on this page
Show what matters for

Everyone

1What it is and why

What it isA setup page for all the methods of payment that the company uses to pay vendors.
What you do hereUsed to define, for each method, how payments are summarized and posted, the payment type, grace period and the export, return and remittance file formats.
ExampleSetting the Period field to Week combines the payment for all invoices for vendors with a due date within the same week.
Methods of payment page in Dynamics 365
The page in a working Dynamics 365 system. page title tab to open what to set or check

Functional consultant · Solution architect

2Where it fits

Business processManage accounts payable › Issue and settle supplier payments
Menu pathAccounts payable › Payment setup › Methods of payment
Set up firstBank accounts Microsoft Learn ↗
Used next byPayment fee Microsoft Learn ↗
Related pagesTerms of payment Microsoft Learn ↗Cash discounts Microsoft Learn ↗Payment schedules Microsoft Learn ↗Payment days Microsoft Learn ↗Payment fee Microsoft Learn ↗

End user · Functional consultant

3How to do it

Step by step, with screenshots

Define vendor methods of payment6 screens

Control how supplier payments are posted and generated for each approved instrument.

  1. Screen 1

    Create the vendor method of payment

    Go to Accounts payable > Payment setup > Methods of payment

    1. Select New
    2. Enter Method of payment and Description
    3. Set Period, Payment status and Payment type
    1Method of paymentBEAT-CASH
    DescriptionAtlas cash test
    PeriodInvoice
    Grace period0
    Payment statusNone
    Payment typeOther
    Create the vendor method of payment (zoomed on the outlined fields)
    Show the full screenCreate the vendor method of payment
    page title tab to open what to set or check

  2. Screen 2

    Set the payment posting account

    Go to Accounts payable > Payment setup > Methods of payment, General section

    1. Select the BEAT-CASH method
    2. In the General section under Posting, set Account type and Payment account
    3. Leave Bridging posting off
    1Account typeLedger
    2Payment account110100
    3Bridging postingNo
    Set the payment posting account (zoomed on the outlined fields)
    Show the full screenSet the payment posting account
    page title tab to open what to set or check

  3. Screen 3

    Post a test vendor payment with the method

    Go to Accounts payable > Payments > Vendor payment journal

    1. Open journal BEAT-000003 and go to the List tab
    2. Add a debit line and a credit line for vendor BEAT-000001 using BEAT-CASH
    3. Select Post

    Check Journal BEAT-000003 shows BEAT-140000002 debit 10.00 and BEAT-140000003 credit 10.00 USD for BEAT-000001, with voucher totals 10.00 = 10.00, journal totals 20.00 = 20.00 and balance 0.00.

    Post a test vendor payment with the method (zoomed on the outlined fields)
    Show the full screenPost a test vendor payment with the method
    page title tab to open what to set or check

  4. Screen 4

    Check the debit payment voucher

    Go to Accounts payable > Payments > Vendor payment journal, Voucher

    1. Select the BEAT-140000002 line
    2. Select Voucher

    Check Voucher BEAT-140000002 dated 10/7/2026 shows 210100 trade payables 10.00 and 110100 cash clearing -10.00 USD.

    Check the debit payment voucher (zoomed on the outlined fields)
    Show the full screenCheck the debit payment voucher
    page title tab to open what to set or check

  5. Screen 5

    Check the credit payment voucher

    Go to Accounts payable > Payments > Vendor payment journal, Voucher

    1. Select the BEAT-140000003 line
    2. Select Voucher

    Check Voucher BEAT-140000003 dated 10/7/2026 shows 210100 trade payables -10.00 and 110100 cash clearing 10.00 USD, the exact opposite of BEAT-140000002.

    Check the credit payment voucher (zoomed on the outlined fields)
    Show the full screenCheck the credit payment voucher
    page title tab to open what to set or check

  6. Screen 6

    Check that the two payments settled

    Go to Accounts payable > Vendors > All vendors > Vendor transactions, View settlements

    1. Open the vendor transactions for BEAT-000001
    2. Select payment BEAT-140000002
    3. Open View settlements

    Check BEAT-140000002 (10.00) and BEAT-140000003 (-10.00 USD) are each settled for 10.00 on 10/7/2026, closed on 10/7/2026, with a balance of 0.00.

    Check that the two payments settled (zoomed on the outlined fields)
    Show the full screenCheck that the two payments settled
    page title tab to open what to set or check

Microsoft's steps

—

Field guide

FieldWhat it meansWorked exampleTable column
Grace periodExtra days after the due date or cash discount date in which a payment can still get the cash discount.Microsoft Learn ↗0—
Payment typeThe kind of payment, such as check, electronic payment or promissory note; electronic payments get extra bank checks.Microsoft Learn ↗OtherPaymentType
Allow copies of paymentsLets users print non-negotiable copies of payments made with this method.Microsoft Learn ↗——
Export formatThe file format used to send payments to the bank.Microsoft Learn ↗——
Return formatThe format of the electronic return file from the bank, when the bank supports one.Microsoft Learn ↗——
Remittance formatThe format of the remittance sent for the bank.Microsoft Learn ↗——
Generic electronic Return formatUses electronic reporting formats instead of the separate return, remittance and export formats.Microsoft Learn ↗—UseGERConfigurationForReturn
Method of payment—BEAT-CASH—
Description—Atlas cash test—
Period—Invoice—
Payment status—None—
Account type—LedgerAccountType
Payment account—110100PaymentLedgerDimension
Bridging posting—No—

Functional consultant

4Setup decisions

Setup stepRecommended value and whyDecision · common mistake · test
Define vendor methods of payment——Assuming a method's posting account also proves its electronic file format and bank approval are correct.Test: AP baseline defaults flow from setup to invoice and payment

Solution architect

5Design impact

Shared or per companyPer company: each legal entity has its own records. Microsoft data model ↗
Can it be undone—
Feature or country—
If you change it later—

Technical architect

6Technical

Menu itemVendPaymMode Checked in Dynamics 365
FormVendPaymMode Checked in Dynamics 365
TableVendPaymModeTableShown as “Methods of payment - vendors” in Record infoKey field: PaymModeChecked in Dynamics 365
Data entitiesVendorPaymentMethodEntityVendor payment method Microsoft data model ↗
Who can open itPrivilegesMaintain vendor methods of payment VendPaymModeMaintainView vendor methods of payment VendPaymModeViewDutiesMaintain vendor payments PaymVendorPaymentsMaintainInquire into invoice and payment policies VendInvoiceInvoicePaymentPoliciesInquirEnable invoice and payment process VendInvoiceInvoicePaymentProcessEnable
5 security rolesAuditor AuditPolicyManagerAccounting manager LedgerAccountingManagerAccounting supervisor LedgerAccountingSupervisorAccounts payable payments clerk PaymAccountsPayablePaymentsClerkAccounts payable manager VendInvoiceAccountsPayableManager
Checked in Dynamics 365
Actions on the pageOptions: Personalize, Page options, ShareChecked in Dynamics 365

Developer

7Developer

Open it directlyhttps://<your-environment>/?mi=VendPaymMode
Integrate withVendorPaymentMethodEntity data entity Microsoft data model ↗
Table definitionVendPaymModeTable columns and relations Microsoft data model ↗

Everyone

8Sources and checks