Table of Contents
Overview
Supplier payments need to be entered into the system so the Bank Reconciliation process has the relevant transactions in it and the financial information is up to date.
From the Invoice
Open a Supplier (Creditor) Invoice.
Use the Action Button to create a payment
A payment window will open where you have some information to enter:
Once you have made your selections then save the payment is on the bank statement and awaiting reconcilation.
Next allocate the payment to the invoice/s you wish to mark as paid
Now the payment will be allocated to the invoices.
Quickly creating payments across all debt you plan to pay
View all the debt that is in the system and unpaid using the "Pay Creditors" screen
Select the invoices you want to pay
The button "Create Payments" will create:
- One payment for each creditor
- Allocate the payment to the chosen invoices
The payment will have todays date. Normally to make it easier to reconcile the bank statement - create payments in the system on the same day you create the payments in the bank
From the Bank Reconciliation Screen
If you have made the payment already and not updated the system - your bank statement will have transactions that the system does not know about.
- Upload the bank statement
- Find the ones that are not in the system
- Create transactions for these from the bank reconciliation upload
See Creating and Managing Bank Accounts for details