{"id":45269,"date":"2015-02-27T17:51:00","date_gmt":"2015-02-27T17:51:00","guid":{"rendered":"http:\/\/sticky-highjinx.flywheelsites.com\/?p=45269"},"modified":"2025-03-04T05:18:59","modified_gmt":"2025-03-04T10:18:59","slug":"microsoft-dynamics-ax-deduction-management-workbench","status":"publish","type":"post","link":"https:\/\/envistacorp.com\/en-au\/2015\/02\/27\/microsoft-dynamics-ax-deduction-management-workbench\/","title":{"rendered":"Microsoft Dynamics AX: Deduction Management Workbench"},"content":{"rendered":"Reading Time: <\/span> 3<\/span> minutes<\/span><\/span>\n

Deduction Management in Microsoft Dynamics AX<\/h2>\n\n\n\n

A common issue that many Microsoft Dynamics AX users face is the inability to keep track of the amounts a customer deducts off an invoice. However, with the new Deductions Management Workbench in Microsoft Dynamics AX 2012 R3, this is no longer an issue. Users can now properly track, record and categorize deductions. Whether you are currently taking advantage of this feature or not yet utilizing it, this short guide will help you gain more value from using Deductions Management in Dynamics AX.<\/p>\n\n\n\n

There are many reasons why a customer will deduct from the amount owed on an invoice, and this often happens without any reason being provided at the time payment is received. As you can imagine (or have experienced), this creates a complicated problem for cash management and collections when determining how to deal with short pays. The end result is that companies spend a large amount of time researching the reasons for these deductions. Additionally, uncategorized and unaccounted for deductions create a messy Accounts Receivable (A\/R) Aging report.<\/p>\n\n\n\n

Some examples of deductions include: <\/p>\n\n\n\n