how to makes payments to vendor?

How to make payments to vendors?

After making the purchase order our next step is to make payments to vendor. Now we click on task menu and select payments.

      

In payments we should enter required information. Vendor ID is important information which includes;

Ø Check no

Ø Date

Ø Quantity

Ø Items

Ø Description

Ø General ledger account

Ø Unit price

Ø Amount

Vendor I’d should be enter first. If we have vendors account then it is good, if we don’t have then first of all made vendor’s account in maintain vendor.

In vendor I’d we will click on the screen and also enter necessary information which is required to record the vendor’s account.

This Item should be present in inventory also. If we don’t have items in inventory then click on maintain menu and select inventory items.now we can enter necessary information and save data.

After entering the information like;

    I.            I’d

  II.        Check no

III.        Date

Now we can enter quantity, description and other information which is required in this. Now click on block and automatically discount amount will be shown to us.