Payment - FAQs
Check out below frequently asked questions about payments
On any of the above forms select “- Add New -” option from vendor’s drop down and click on the button next to it, new form will open, enter new vendor information and save, after that vendor drop down will show newly created vendor. And to edit vendor information already in the drop down, then select the vendor and click on the button next to it, new form will open containing the complete information of that selected vendor, edit the required information and update.
On any of the above forms select “- Add New -” option from vendor’s drop down and click on the button next to it, new form will open, enter new vendor information and save, after that vendor drop down will show newly created vendor. And to edit vendor information already in the drop down, then select the vendor and click on the button next to it, new form will open containing the complete information of that selected vendor, edit the required information and update.
On any of the above forms select “- Add New -” option from customer’s drop down and click on the button next to it, new form will open, enter new customer information and save, after that customer drop down will show newly created customer. And to edit customer information already in the drop down then select the customer and click on the button next to it, new form will open containing the complete information of that selected customer, edit the required information and update.
Yes, you can record entry of payment sent against vendor and customer using the same form by selecting the required option from the drop down with the label “Vendor” (which is selected by default).
Yes, you can record entry of money receive against vendor and customer using same form by selecting the required option from the drop down with the label “Vendor” (which is selected by default).
No, you cannot update any information i.e. ID, Payment Reference, Amount etc. in payment sent or receive money forms after full or partial reconciliation. To update, first remove the confliction then update the form accordingly.
You can send “Advance” and “Direct” payments to vendors and “Partial” and “Full” payments to customers.
You can receive “Partial” and “Full” money from vendors and “Advance” and “Direct” money from customers.
Yes, if you want to receive partial credit then select “Receive Order” and to send partial credit then select “Sale Invoice” from the options given under the label “Type”.
To receive partial credit, select “Receive Order”, enter ID or payment reference of the purchase order against which you want to receive the partial credit, system will automatically load the items from the purchase order, select the required item from the table, enter credit amount and save. To send partial credit, select “Sale Invoice”, enter ID or payment reference of the sale invoice against which you want to send the partial credit, system will automatically load the items from the sale invoice, select the required item from the table, enter credit amount and save.
No, you can save the form with the balance other than ‘0’ after reconciliation, system will notify you with a confirmation message in order to proceed with the remaining balance or not.
You can see the remaining amount when you open the new payment form and select the same vendor or receipt form in the case of customer. You can also see the remaining amount when you edit any previously saved form of the same vendor or customer.
Because the data populated in the table is based on the selected vendor or customer, so once you reconcile the payments or receipts against the populated data, you are unable to change the selected vendor or customer.