Saturday, 15 November 2014

Types of Payment in AP

The three different types of payments available in Payable given below:

1. Manual Payment: In Manual payment, We will be mentioning the invoice number, Bank Account, Document Number,Payment Date and Currency.

2. Refund Payment: Refund Payment is used for Employee expense and for adjusting the Supplier account.

3. Quick Payment: In Quick Payment, the system will automatically generates checks.There will be a concurrent program for each check format. Once the payment is done, we will move all the transactions to GL.

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