Receiving supplier invoices and booking these in your agreement is only the first leg of the process. You’ll also need to register and book the payment you’ll make when the supplier invoice is due.
You book the payment to your supplier in the bookkeeping tab using the menu option “Supplier payment”.
If you enter the same supplier invoice number you used when you processed the supplier invoice and then click on the TAB key, all the information relating to the invoice will automatically be filled in.
By doing it this way you’ll also automatically match the invoice with the payment and furthermore you can take out an updated aged creditors report anytime.
In our E-copedia you can find more help articles about supplier payments, supplier invoices and how to take out various reports.
- How to book a supplier payment
- How to book a supplier invoice
- Aged creditor report
- Automatic matching
- More about the supplier list
Have a nice weekend :-).