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NEW QUESTION: 1
You are setting up cash flow management in your organization by using Microsoft Dynamics AX 2012.
A delay of five days is expected from the due date of the payments to the date on which the payments are drawn from
your bank account
Where on the Vendor groups form should you set up this delay?
A. The Default account setup tab
B. The Settle period field
C. The Forecast tab
D. The Terms of payment field
Field: Settle period
Select the standard interval between the due date for payments to vendors in the selected vendor group, defined by
the terms of payment, and the date on which the payments are drawn from your bank account. The interval is
typically a number of days.
The settle period is used for liquidity calculations that are based on the cash flow forecast.
Reference: Vendor groups (form) [AX 2012]
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