Settle purchase invoices promptly

If you need to pay the vendor by cash or cheque, you can post the payment when you post the invoice.

Note

If you frequently pay purchase invoices in cash, by cheque or via bank transfer, it is a good idea to set up a specific payment method with a balancing account and enter this method in the Payment Method field on the vendor card. The balancing account number is inserted automatically on the invoice header every time you create a new invoice. For more information, see Defining Payment Methods.

To settle purchase invoices promptly

1. Choose the icon, enter Purchase Invoices, and then choose the related link.
2. Choose the New action.
3. To pay either in cash or by bank transfer, enter the number of the general ledger cash account or the bank account in the Bal. Account No. field.

Important

The Bal. Account Type and Bal. Account No. fields are not included in the standard layout of the invoice header. In order to post the payment of an invoice, you must contact a Microsoft partner who can add the fields through code.

This customisation is only required if you do not specify balancing accounts on the payment methods as describe above.

Related information

Managing Payables
Purchasing
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