Pay Bills
This screen is used to record payment of supplier bill(s). A list of supplier bills will be displayed on this screen. Select the bill(s) to be paid. If the amount being paid is different to the amount due, edit the 'amount paid' value to reflect the actual amount.
Payment Date
Enter the date of the payment. The date can either be entered manually or selected from the pop-up calendar by clicking the icon. The As At Date must be entered in the format DD/MM/YYYY, for example, 01/01/2000.
When entering dates manually, a date guessing routine speeds up the input by taking the user input and assuming the missing month and or year based on the current date as the user leaves the field i.e.
the date today is 30th October 2009
- User enters 15 or 15/ and tabs - field displays 15/10/2009
- User enters 15/9 or 15/9/ and tabs - field displays 15/9/2009
Method of Payment
The appropriate payment method is chosen from the dropdown list. Valid methods of payment for supplier bills are Cheque, Credit Card, Debit Card and Online Payments
Account
Select the Bank Account associated with the transaction.
A default may be displayed if it has been set on a Bank Account Details Record. This default may be overwritten.
To set a default, if it has not already been done, navigate to the Bank menu and hover over the Bank Account that is to become the default and click Configure Account.
Tick the Default Box and then SUBMIT.
Note there can only be one default so if another Bank Account was previously set as the default its status will be reset to be not the default.
Reference/Cheque Number
A reference or cheque number can be entered here which can then be applied to all of the selected bills by clicking the APPLY TO ALL button.
Amount Due
If you have already made part payment of a bill this will be the remaining amount to be paid.
Amount Paid
Use this field to enter the amount you want to pay for this bill.
Amount Unused (Credit Note)
This field is only visible if you have any supplier credit notes that have not been fully applied. If a credit note has previously been partially applied this field displays the amount of credit remaining to be applied, otherwise it will indicate the full amount of the credit note.
Amount to Use (Credit Note)
This field is only visible if you have any supplier credit notes that have not been fully applied. Use this field to indicate how much of the credit note you want to use. The application will apply as much of this amount to each bill from the same supplier as it can.
Applying transactions as yet unapplied
Where you haven't applied transactions during the normal process (or may previously have unallocated transactions)those items that are unapplied will be presented under 'Bills and Cash Settlement of Invoices' (top section) and 'Unapplied credits' (bottom section). Simply select the transaction(s) to 'Pay' from the top section and select the transaction(s) to 'Use' from the bottom section. When fully applied click SUBMIT to confirm.
Aged Creditors and Supplier Account Listing Reports
It is important to manage the payments to your suppliers; many issues can be involved, from your own cash flow control, through to credibility and reputation with your existing or potential suppliers. Additionally legislation exists to allow suppliers to receive compensation if you fail to pay to the terms agreed with them. An aged Creditors report helps in this management process. The report is accessed via the Reports menu.
Reports - Suppliers - Aged Creditors
The Supplier Account Listing report shows all (including non cash) transactions that have impacted a Supplier Account. It is accessed in a similar way to the Aged Creditors Report