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Quick Start Guide - Post a payment
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When you make a payment for a purchase, enter the payment information into
the system by selecting 'Cash' then 'Payment' in the Accounting menu. In the Payment screen that appears, select the
Vendor in the Vendor drop down menu, the corresponding payables asset account, and the corresponding
cash or checking asset account. Note that the accounts should come up automatically based on selection made
when the vendor information was entered.
Next click 'Update' and a screen similar to the following should appear: |
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| Next, select the Invoices that have been paid, by checking the 'Select' box for the invoice rows corresponding
to the paid invoices. Then click 'Update' and the Amount fields will be calculated and filled in by the system.
This is shown below. |
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You may also enter a value in the Memo field for your reference. You may enter partial
payment of the outstanding amount by manually entering the payment amount in the Amount field on the corresponding
invoice row. Remember to click 'Update' after making any changes in the Payment form.
Click 'Post' when you are satisfied with the Payment information. This will enter the payment into
the system. |
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