Payments to Suppliers

Purpose

Enter Supplier Payment against a Supplier document.

Procedure

1. Select a supplier from drop-down combo-box.
2. Select the bank account the deposit should be made from. List of Bank Accounts can be setup in Banking and General Ledger module.
3. If needed, change the date of the deposit.
4. Enter the amount of the payment against one or few supplier's documents (if any).
5. Optionally, enter a memo/note about the deposit.

Tips and Tricks

• Use Payments if you want to book the payment against a specific GL account.
• Exchange rates are applied automatically if selected bank account is configured in other currency. If the wrong exchange rate is listed, you may need to adjust it in Banking and General Ledger Tab -> Exchange Rates.