Sage X3 has provided us a function which is named as ‘Customer extension’ (function PROROGC). Sometimes there can be a situation where we need to extend the due date of payments which is pending from a customer. Here by using customer extension function we can update the new date of the payments for specific customers.… Read More »
Payment is the transfer of money or goods and services in exchange for a product or service. A payment can be made in the form of cash, check, credit card and debit card. Payments can be done against invoices that are generated from Sales/Purchase Invoice and Customer/Supplier BP invoice from the AP-AR accounting module. Payments… Read More »
In sage X3, under Payment entry type we can define characteristics and the methods for different payment transactions. We can also control the sign of payment to be Revenue, expense or we can keep it as unspecified and differentiate that value based on our payment entry. Path: All>Setup>A/P-A/R accounting>Payment entry type Also in payment attribute,… Read More »
This is a useful set up for Inter-Company transactions. In order for it to work correctly set up a unique collection that is for both suppliers and customer postings. Set up a new Payment Attribute Note that the Accounting sign is set as Payment Sign and that the “Posted” field is left blank. This allows… Read More »