QA - Direct posting process

When is the liability to the vendor recognized in the financial books?

• Direct posting: At invoice journal posting.
• Invoice reg/approval: At Invoice register posting (Import form).
  

When is VAT posted in the financial books?

• Direct posting: At invoice journal posting.
• Invoice reg/approval: Depends on the setup in Accounts payable (Time of sales tax posting).
  

Can you register VAT in ExFlow import form without a tax transaction being registered?

• Direct posting: Yes.
• Invoice reg/approval: Yes, if time of sales tax posting is set to “Invoice approval”.
  Note: Time of sales tax posting is mandatory to set to “Invoice register” if PO-invoices are processed through ExFlow.
  

Which std D365FO journals/forms are ExFlow using for handling of vendor invoices?

• Direct posting: Invoice journal (non-PO), Pending vendor invoice (PO).
• Invoice reg/approval: Invoice register journal (non-PO, PO), Approval journal (non-PO, PO (indirect to Pending vendor invoice)).
  

Can you use Preliminary VAT (method to avoid tax transactions being reported to authorities before final posting)?

• Direct posting: Not applicable.
• Invoice reg/approval: Yes.
  

Can you use Direct posting in one legal entity and Invoice reg/approval in another legal entity?

• Yes, but please be aware that the posting effects will be different between the legal entities and probably new reports/queries are needed to be able to follow up the vendor balance and sales tax balance on group level.
  

Can you reserve costs from ExFlow open invoices at period closing?

• Direct posting: Yes, use the Ledger accrual of estimated costs functionality.
• Invoice reg/approval: Yes, use the Ledger accrual of estimated costs functionality.
  

Is cancellation of invoices in ExFlow affecting the GL and Vendor balance?

• Direct posting: No.
• Invoice reg/approval: Yes.