Creditor Payment

Overview

Used to track payments To Creditors, the amount and the bank account to expect it to leave from. Payments are allocated to open invoices and reconciled on the Creditor Payment From the Action button you can print, email, reverse a payment or create a standing journal.

How to use Debtor Payment

To review existing

1. Navigate using GL menu to Findbrowse Journals and use '''Creditor Payment''' to filter, Can sort on columns
2. Double click (right click) to select and populate the form
3. click '''Show Invoices Allocations button''' to review allocations of this payment

To enter new

1. '''Creditor''' Search 
2. Choose 
   Unable to render {include} The included page could not be found.
3. Enter '''Amount'''
4. Select 
   Unable to render {include} The included page could not be found.
5. Enter details depending on payment method
6. Save

General Tab

• '''Creditor Code''' Search 
• Unable to render {include} The included page could not be found.
• Amount
• '''cheque number''' if required
• Unable to render {include} The included page could not be found.
• '''Branch''' is customers BSB
• '''Account number''' is customers bank account number
• '''Account Name''' is customers bank account name
• Unable to render {include} The included page could not be found.
• Unable to render {include} The included page could not be found.
• Unable to render {include} The included page could not be found.

  Invoice Allocations

  Available invoices will show in the bottom grid allowing you to select using checkbox to allocate
  • Invoices will sort by oldest first
  • Total Allocated (bottomRHS) will populate with the amount that has already been allocated to invoices
  • Any invoices that have already been allocated to the payment will have a value in '''Allocated''' column
• Can select on the invoice line the checkbox '''Alloc''' to allocate
  • Will update the '''Allocated''' column with amount - can overwrite
  • Will update the '''Open amount''' and show the balance owing
• '''Save Allocations''' when finished - or your work will not be saved.

  Bottom of the form

  Unable to render {include} The included page could not be found.
   Actions include
• Fix COGS 
• Hold this payment
• Email to entity (with email address showing)
• Reverse this Journal
• Make standing Journal