Paying suppliers

Summary

How do I make a payment to a Supplier?

More Information

Go to " Purchase Ledger Payments".

• At "Supplier:" type in the suppliers account code if known, or search for a supplier.
• Move the arrow key until it is pointing at the line you are making a payment for.
• Press <F> and <Enter> to pay the amount in full.
• If you are not paying the whole amount arrow key across to the "Payment" column and enter the amount.
• Move across the screen to the discount column, to apply any discounts you are receiving. If any documents have a settlement available you can press <S> and the settlement amount will be calculated for you.
• Press <Esc> to enter the payment details. Make sure the date is correct i.e. the date you received payment or the date of the cheque you are issuing.
• Enter the cheque number or a comment e.g. 'CASH', 'VISA', 'ALLOCATED' (if you are taking a credit against an invoice).
• Make sure the payment centre is correct, When paying cheques out the centre should usually be 'Z992' - "Bank Account".
• Once you have completed the entries press <Esc>.

Tip:  You may choose to print a remittance at this stage by selecting the [Remittance] button.

• Choose [Accept] to post the payment.

See also

• Getting Started - Accounts
• How do I find a supplier?
• Creating a New Customer/Supplier
• How do I find a Sales/Purchase Ledger Number?
• Posting Payments Received
• Posting Purchase Invoices
• How do I print an Aged Debtor or Creditor List?
• Posting Journals
• Reconciling your bank account

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Keywords AND Misspellings

Posting, Payments