Details
of the Vendor to make a payment
1)
The User
can create a New Payment for a particular Vendor.
2) Modify the existing payment of the Vendor.
3) Delete Payment of the Vendor from the Existing Payment
Vendor List.
How
to create a New Purchase for the vendor?
Step 1:
By clicking the new option in this module, the User will be
able to create a New Payment for a particular vendor. By selecting
the particular vendor for a payment in the Drop Down list,
the vendor information such as address, pmt. method are also
displayed and the details of the particular vendor's bill
from the invoice are also been displayed. Vendor can prefer
here also to select the payment mode in the drop down list.
a) If the User selects the payment mode as Cheque or Credit
card,
Functionalities of this module:
In this specific module, the main functionalities are:
The Vendor details are displayed in the Vendor Drop Down,
by selecting the vendor name for a Payment
Ref. No. denotes "the auto generated no. for the Payment".
Date denotes "the current date of the payment"
Amount denotes "how much amount to be paid to a Particular
Vendor"
By selecting an option from the "Cash Account" Drop Down,
the Buyer can make the Cash Payment to a particular Vendor.
By selecting the option from the "Payment Method" Drop Down,
the Buyer can make the Payment in various methods such as
Cash, Cheque, Credit Card, etc...(For creating Payment Method
...go to General Ledger Menu Select Payment method to create
new Payment)
The Cheque no. is to be entered, if the Buyer selects the
Payment through Cheque.
Unapplied Payment is a column which holds the "Prepaid Payment"
amount.
Credit is a column which holds the "Purchase Return" amount.
Prepaid Payment:
Prepaid Payment is an amount where the buyer pays the amount
in advance before receiving any Goods.
Purchase
Return:
Purchase Return is the Goods which is send back to the Vendors
after being purchased. So, the stock is reduced in the database
and the Purchase Return amount is adjusted and carried forward
to the Credits. i) Balance, the Balance amount will be displayed
automatically to the particular vendor.
Grid
details:
