Bill And Pay Supplier

Watch this tutorial to learn how to: Bill And Pay Supplier.

Steps in this tutorial

1. The delivery is in your stock. Now the paperwork: what the supplier is charging you, and paying it.
2. Open Modules and go to Purchasing.
3. Open the Purchasing group.
4. Start from the delivery you already received.
5. Open the posted receipt.
6. Record Invoice writes the supplier bill straight from the products on this delivery, so you do not type them twice.
7. Type the number printed on the supplier’s own invoice, so you can match it later.
8. Leave the due date empty and the supplier’s payment terms decide it.
9. The bill is recorded, and what you owe this supplier has gone up by exactly that amount.
10. Open Supplier Invoices to see it.
11. Open the Purchasing group.
12. Open Supplier Invoices to see it.
13. There is the bill, with what it totals and what is still remaining on it.
14. Now let us pay it. Open Supplier Payments.
15. Open the Purchasing group.
16. Now let us pay it. Open Supplier Payments.
17. Click Record Payment.
18. Choose the supplier you are paying.
19. How much left your account, and how you sent it.
20. Settle Oldest First puts the money against the bills that have been waiting longest.
21. Confirm, and the payment is spread across them for you.
22. Post the payment. This is the moment the money counts against what you owe.
23. Open Supplier Invoices to see it.
24. Open Supplier Invoices to see it.
25. Back on the bill, nothing is remaining. The supplier is square with you, and the whole trail is on record.