Setup step on the Payment purpose codes page · Cash and bank management

Set up Payment purpose codes

Used to track the purpose of payments and letters of guarantee where the central bank requires it.

Used by: Chief financial officer, Accountant, Accounting manager and 2 more roles
Business process: Defining payment policies in Dynamics 365 Finance
Menu item: BankCentralBankPurpose
Main table: BankCentralBankPurpose
Data entity: PaymentPurposeCodeEntity
Setup steps: 1 on this page

Show what matters for

Everyone

1What it is and why

What it is	A setup page where you create payment purpose codes for reporting to the central bank.
What you do here	Used to track the purpose of payments and letters of guarantee where the central bank requires it.
Example	—

Payment purpose codes 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 process	Develop procurement and sourcing strategy › Define accounts payable policies › Defining payment policies in Dynamics 365 Finance
Menu path	Cash and bank management › Setup › Payment purpose codes
Set up first	—
Used next by	—
Related pages	Bank reasons Microsoft Learn ↗
In this process	← Set up Payment schedules · Set up Process automations →

End user · Functional consultant

3How to do it

Step by step, with screenshots

Set up Payment purpose codes1 screen

Used to track the purpose of payments and letters of guarantee where the central bank requires it.

Screen 1
Create the payment purpose code
Go to Cash and bank management > Setup > Payment purpose codes
1. Select New
2. Enter the Central bank purpose code and Name
3. On the General section, enter the Purpose text and Text
4. Select Save
1Central bank purpose code BEAT-SVC
2Name Atlas demo service payments
3Purpose text Payment for professional services
4Text Atlas demo central bank reporting code
Show the full screen
page title tab to open what to set or check

1Central bank purpose code	BEAT-SVC
2Name	Atlas demo service payments
3Purpose text	Payment for professional services
4Text	Atlas demo central bank reporting code

Microsoft's steps

Go to Cash and bank management > Setup > Payment purpose codes.
Create a new payment purpose code.
In the Central bank purpose code field, enter the code used to report to the central bank.
In the Name field, enter the name of the code.
On the General FastTab, in the Purpose text field, enter the reason that appears in the central bank report.
In the Text field, enter any extra information, and then save.

Source: Microsoft Learn ↗

Field guide

Field	What it means	Worked example	Table column
Central bank purpose code	The code used when reporting to the central bank.Microsoft Learn ↗	BEAT-SVC	—
Name	The name of the payment purpose code.Microsoft Learn ↗	Atlas demo service payments	`Name`
Purpose text	The description of the code that appears in the central bank report.Microsoft Learn ↗	Payment for professional services	—
Text	An extra description for the legal entity's own use.Microsoft Learn ↗	Atlas demo central bank reporting code	`Text`

Functional consultant

4Setup decisions

Setup step	Recommended value and why	Decision · common mistake · test
Set up Payment purpose codes	—	—

Solution architect

5Design impact

Shared or per company	Per 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 item	`BankCentralBankPurpose` Checked in Dynamics 365
Form	`BankCentralBankPurpose` Checked in Dynamics 365
Table	`BankCentralBankPurpose`Shown as “Payment purpose codes” in Record infoKey field: Code, Name, TextChecked in Dynamics 365
Data entities	`PaymentPurposeCodeEntity`Payment purpose codes Microsoft data model ↗
Who can open it	PrivilegesMaintain central bank payment purpose codes `BankCentralBankPurposeMaintain`View central bank payment purpose codes `BankCentralBankPurposeView`DutiesEnable bank management process `BankBankManagementProcessEnable`Inquire into bank management reference data `BankBankMgmtReferenceDataInquire` 5 security roles Chief financial officer `CompanyChiefFinancialOfficer`Accountant `LedgerAccountant`Accounting manager `LedgerAccountingManager`Financial controller `LedgerFinancialController`Treasurer `PaymTreasurer` Checked in Dynamics 365
Actions on the page	Options: Personalize, Page options, ShareChecked in Dynamics 365

Developer

7Developer

Open it directly	`https://<your-environment>/?mi=BankCentralBankPurpose`
Integrate with	`PaymentPurposeCodeEntity` data entity Microsoft data model ↗
Table definition	`BankCentralBankPurpose` columns and relations Microsoft data model ↗