Invoice Payments

Overview

With invoice payments you can record the payment for a supplier invoice received from a vendor.
You can record payments made by check, cash, credit card, or other payment method. They decrease the payment asset account (credit) and decrease Accounts Payable (debit).

Creating Invoice Payments

You can create invoice payment manually or generate it by clicking Pay invoice in the supplier invoice.
To create an invoice payment:
  1. Go to Purchase.
  2. Click Invoice payments.
  3. Click Create.
  4. Choose a vendor in the Company drop-down list.
  5. Choose a payment Method.
  6. Adjust the Check / Ref # (optional).
  7. Click Post and close.