Use this option, under the Payments menu, to allocate supplier payments to outstanding supplier purchase invoices.
Any payments allocated to outstanding invoices are taken from the appropriate currency bank account. For foreign currency payments, the currency exchange rate is set automatically by the system, based on the pervailing exchange rates when the foreign currency funds were purchased (Nominal, Bank Transfer). If the funds are from a multiple currency purchases then the exchange rate is adjusted to reflect the amounts from the different funds.
Index | Sales Ledger | Purchase Ledger | Stock Control | Payments | Nominal Ledger | Reports | Configurations
