Creation of Standard Purchase Codes on Microsoft Dynamics Nav Business Central

Dear Friends,

Today's tutorial is on how to create a standard purchase code. A purchaser code is used when a purchase order or purchase invoice is always created with same number of line, type, quantity  monthly. This will prevent the user from entering the line each time.

Step 1:

Go on the following menu:

Main Menu --> Department --> Financial Management --> Payable --> Setup --> Standard Purchase Code.

Step 2:

Click on New and Fill the information.

General
Code	Enter a code for the standard purchase code
Description	Enter a description
Currency Code	Enter the currency code
Lines
Type	Enter the type
No	Enter type number
Description	Description of the type will display
Quantity	Enter the quantity
Amount Excl. VAT	Enter the Amount exclude vat

Click on OK to close

Payment Methods setup on Microsoft Dynamics Nav Business Central

Dear Friends,

Today we will learn how to configure Payment Methods.

Step 1:

Main Menu --> Department --> Financial Management --> Payable --> Setup --> Payment Methods.

Step 2:

Click on the button New and fill the information.

Code	Enter a code for the payment method
Description	Enter a description
Bal. Account Type	Enter the balance account type
Bal. Account No.	Enter the G/L Account
Direct Debit	State whether it is a direct debit or not
Direct Debit Pmt. Terms Code	Enter the payment term code for direct debit
Pmt. Export Line Definition	Enter the payment export line definition
Bank Data Conversion Pmt. Type	Enter the bank data conversion payment type
Use for Invoicing	State whether the payment method is used for invoicing or not

Click on OK to close.

Payment Terms setup on Microsoft Dynamics Nav Business Central.

Dear Friends,

Today we will learn how to configure a payment term.

Step 1:

Go on the following menu:

Main Menu --> Department --> Financial Management --> Payable --> Setup --> Payment Terms.

Step 2:

Click on the button New and fill the information.

Code	Enter a code for payment term
Due Date Calculation	Enter the due date calculation
Discount Date Calculation	Enter the discount date calculation
Discount %	Enter the discount percentage
Calc. Pmt. Disc. on Cr. Memos	If you want to calculate payment discount on credit memos
Description	Enter a description for the payment term.

Click on OK to close.

Purchase & Payable Setup on Microsoft Dynamics Nav Business Central

Dear Friends,

Today we will learn how to configure purchase & payable setup.

Step 1:

Main Menu --> Department --> Financial Management --> Payables --> Setup --> Purchase & Payable Setup

Step 2:

Fill all the necessary information.

General
Discount Posting	Choose the type of discount posting
Receipt on Invoice	If you want to do receipt on invoice
Return Shipment on Credit Memos	If you want to do return shipment on credit memo
Invoice Rounding	Allow rounding amounts in invoice
Create item from item no.	Allow creating of item from item no
Ext. Doc. No. Mandatory	Make external document number mandatory
Allow VAT Difference	Allow vat difference
Calc. Inv. Discount	Calculate discount on invoices
Calc. Inv. Disc. Per VAT ID	Calculate discount on invoices per vat group
Appln. Between Currency	Choose the type of application for currencies
Copy Comments Blanket Order	Allow copy comment when creating blanket order
Copy Comments Order to Invoice	Allow copy comment order when creating invoice
Copy Comments Order to Receipt	Allow copy comment order when doing receipting
Copy Cmts Ret. Ord to Cr. Memos	Allow copy comment return order to credit memos
Copy Cmts Ret. Ord to Ret. Shpt	Allow copy comment return order to return shipment
Exact Cost Reversing Mandatory	Allow to reverse the exact cost
Check Prepmt. when posting	Check if pre-payment is done before posting
Prepmt. Auto update frequency	Choose the frequency for update of pre-payment
Default Posting Date	Choose which date to take as posting date
Default Qty. to receive	Choose the default quantity for receive
Allow Document Deletion Before	If you want to put a restriction to prevent any deletion of document
TDS Posting Account	Choose the G/L Account to post TDS
VAT %	Enter the legal VAT percentage on transaction
Ignore Updated Addresses	If you want to ignore any updated addresses

Number Series
Vendor Nos	Enter the no series to create vendor
Quote Nos
Blanket Order Nos
Order Nos
Return Nos
Invoice Nos
Posted Invoice Nos
Credit Memo Nos
Posted Credit Memo Nos
Posted Receipt Nos
Posted Return Shipment Nos
Posted Prepmt. Inv Nos
Posted Prepmt. Cr. Memo. Nos
Background Posting
Post with Job Queue
Post & Print with Job Queue
Job Queue Category Code
Notify on Success

Archiving
Archive Quote	Enter if to archive quote
Archive Orders	Allow archive orders
Archive Blanket Orders	Allow archive blanket orders
Archive Return Orders	Allow archive return orders
Default Accounts
Default Debit Account for Non-Item Lines	Enter G/L Account to debit non-item line
Default Credit Account for Non-Item Lines	Enter G/L Account to credit non-item line
Procurement
Prepare By	Enter the prepared by name to display on purchase order
Authorize By	Enter the Authorize By name to display on purchase order
Phone No	Enter Phone Number to display on purchase order
Fax No	Enter Fax number to display on purchase order
Email	Enter Email to display on purchase order
Bank Letter
Bank Letter Sign	Enter the person name on bank letter
Bank Letter Sign Title	Enter the title of the person on bank letter
Bank Letter Sign 1	Enter a second person name on bank letter
Bank Letter Sign 1 Title	Enter the title of the person on bank letter
Bank Letter Sign 2	Enter a third person name on bank letter
Bank Letter Sign 2 Title	Enter the title of the person on bank letter

Click on OK to close.