How to make Payments to Vendor or Creditors

How to make Payments to Vendor or Creditors

At first click on the Task menu and select the option of Payment.

Following window will open as follows

Vendor ID

Select your vendor ID to whom you want to make payment if you do not want to

pay your vendor but other expense vendor ID should blank means there is no need to select the

vendor.

Check number

Write respective check number to the check

Date

option will not appear for proceeding.

Apply to invoice

This option is only useful when you are receiving goods from vendor and he gives you an invoice

number and amount which is mentioned in your invoice to pay. If you have no invoice no. this

When you make payment to vendor you have to select a date.

Cash account

It is an other income so you must have discount account in your chart of accounts

Discount account

If you have cash Account it will automatically selected

If you do not want to make payment to vendor but expenses occurs the entry of expense will be completed by fulfilling the required areas of picture.

Cash in bank

If the payment is made through a bank.Then enter the quantity,item and price per unit.

Amount payment column

Mention the payment’s amount in this column.

Payment column

The system calculate itself this field.

At the end click on the save button.

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