How to make Payment to vendor
To make Payment to vendor from Task
menu select payment.
A new window will open
Firstly enter hat vendor id to whom the payment will
be made and then fill the respective check #. After that enter the date on
which the payment is made. If you are making payment with in discounted period then the discount head will show the
respective discount amount that you are getting in this way
If payment is made after the discounted period then
discount head will show nothing and you will have to make full payment. As shown
below
If you made payment with in discounted period then
you have a purchase discount in your chart of accounts. This account shows
company’s other income.
And the last in last column ( pay) use check mark to
show payment is made.
