Make a payment on account

TABLE OF CONTENTS

• Introduction
• Make a payment on account

Introduction

You can only make payments against invoices in the Purchase Ledger, but you can make payments on account from the Cash Book Payments screen.

Make a payment on account

You may need to make a payment when placing an order or make a payment on account to release goods or services.

No remittance advice will be produced for payments made by this method.

1. Go to Nominal>Cash Book>Payments
2. In the top line select the Bank Code and payment date.
3. Select the Payment Type – only Suppliers marked as Accept BACS Payments in the Purchases>Supplier Management screen can be paid by BACS.
4. Enter the Payment Ref and Bank Description details.
5. In the Item panel, select Purchase from the Ledger dropdown and select the supplier from the Code browse window.
6. You can enter a reference in the Supplier Ref (for P/L Pymts) field, if it goes onto the bank BACS file transaction line.
7. Complete the payment screen and post in the normal way.
8. The system gives you the option to Cash Match Now when the posting is complete, which you only need to accept if you already have invoices to match against the payment.

For more information on making purchase payments, please refer to the Engage Accounts Purchases guide.