How to make
payment to vendors and creditors:
First of all click on the task and select payments…..
After clicking on payments the following screen will appear.
To select vendor click on the “look up” button and select
vendor ID.
Check number is necessary. It is used to make outstanding payments.
Payment date is also necessary. It is used to know whether
the payment is made within the discount period or not.
If the payment is made within the discount period than
discount is availed otherwise not.
To select the cash account click on look up button.
Select cash in bank if the payment is made from bank
account.
Enter the quantity item, price per unit , total amount is
automatically calculated.
Press ( alt+s) to save the data.