Procure to Pay (P2P) Cycle Part6

Payments:

Once the Invoice is created, approved and accounted. Then we can make the Payments to the supplier. There are three types of Payments.

• Manual: If Organization is going to pay the amount by cheque or cash then it will be captured under the manual payment type.
• Quick: System will automatically generate the payment transaction as per the Invoice number. System will automatically generate the Cheque number also.
• Refund: If any refundable amount is there, we have to pay to the supplier or customer or employee then those payments will be select as Refund method.

Navigation: Payables, Vision Operations (USA) ---> Payments ---> Entry ---> Payments

Enter trading partner, payment date, bank account, payment process profile, method and document at headers level. Click on Enter/Adjust Invoices button to add this payment for particular Invoice of this supplier or trading partner.

You can create multiple payments for single invoice with different amounts

Enter invoice number and save close this window.

Click on Actions button and tick Create Accounting check box with final.

Click on OK. The following message will come.

 

You can check these payments in View payments tab in Invoice form.

The tables affected with this payments creation are:

SELECT * FROM AP_INVOICE_PAYMENTS_ALL WHERE INVOICE_ID=211320;

SELECT * FROM AP_CHECKS_ALL WHERE CHECK_ID=77550;

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