Supplier Payments
Overview
A supplier payment in Readysell indicates that a supplier has been paid for the items we have purchased. A payment can be sent via ABA file directly to electronic banking, direct deposit, cheque, eftpos intergration or cash. Once a payment has been entered, it can then be allocated against the supplier card, and it then reduces the balance owing by the supplier.
You can now assign a value to the supplier card in the field of 'supplier payment reference' where by when you want to upload a manual payment into the bank you can use the value in this field.
Also when doing bank reconciliation, the payment reference will repopulate onto the manual supplier payment and will be used for auto-matching when importing bank statement lines into the readysell bank reconciliation.
Getting Started
- Entering and allocating a Supplier Payment through Cards using 'Pay' button
- Entering a new supplier payment through cards manually
- Entering a new supplier payment through Supplier Transactions
- Reversing a supplier payment through Cards.
- Reversing a Supplier Payment through Supplier Transactions.
- Applying a Supplier Payment Discount Feature on Over and Under payments through Supplier Payments Module.
- Reversing a Supplier Allocation only not the Supplier Payment through Cards
- Allocating a Supplier Payment/Credit through Cards
- A supplier payment that has bounced
Reference
Buttons
There are no custom buttons for this list. Refer to Common Buttons.
Fields
Name | Description |
|---|---|
Type | The type of transaction (SUPPAY (Supplier Manual Payment)). |
Number | The transaction number of the supplier payment. |
Status | A Status is update feature on any entry/transaction made within readysell. |
Date | The date and time (local to the workstation) when the action took place. |
Supplier | The supplier card who the payment is for. |
Tender | The tender (if any) used as part of the transaction. |
Value | The total value of the supplier payment |
Description | A description of the supplier payment |
Payee Name | This is the bank account name. This may be different from the card name or contact name. |
Lines tab
Name | Description |
|---|---|
Transaction Type | The transaction type for the supplier payment (e.g: SUPDEB (Supplier Debit). |
Transaction Number | The transaction number of the supplier payment |
Open Item Balance | Value/balance of the open item that the payment was allocated against |
Allocated Value | The value allocated against each open item that make up the payment |
Running Balance | The balance on the open item once the payment has been allocated |
General tab
Name | Description |
|---|---|
Site | The site that this supplier payment belongs to. |
Period | The period in which the supplier payment occurred in. |
Payment Run | Not applicable |
Charge To | The card to which the invoice is charged. |