Sumit Potbhare

Microsoft Dynamics AX for Retail

Archive for the tag “Closing Method”

AX 2012 R3 | Statement Posting| Part I: Introduction and Setup

Hi Guys, I hope you are keeping up with RetailDAXing. This blog is my another effort for sharing information about the most important part in the Retail module which is Statement Posting. I have kept this in multiple parts for better understanding.

In this blog, we will go through some Introduction and setups required to drive Statement posting.

What is Statement?

  • Retail documents that contain a collection of inventory and financial transactions from POS for a given store over a specified period of time.
  • Transactions can be posted in detail or aggregated.
  • Posting of a statement will create and invoice Sales orders, create payment journals and settle against the Sales invoice.
  • Provides consistent tracking and referencing of sales across channels

Read more…

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