Suggest Vendor Payments

Suggest Vendor Payments creates payment lines with the amounts that we need to pay now or soon need to pay to our Vendors. The payment suggestions can take into consideration an amount that you specify as available funds for payment and eligibility for payment discount.

To use the Suggest Vendor Payments function for cheque payment with available funds of 2,000.00:

1. Go to Cash Management

2. Click on Payment Journal

   Open

   

3. Go to the Bank Account by Clicking PMT REG

4. Click on Suggested Vendor Payments

5. Open

   

   Turn on Use Vendor Priority (used to set Vendors in hierarchy to receive payment)

6. Specify the amount (2000.00) in the Available Amount (LCY) field

7. Select Bank Account from the Bal. Account Type and the Bal. Account No. will be CHECKING

8. Select Computer Cheque from the Bank Payment Type

9. Click OK

The system will automatically create lines which will suggest to pay with computer cheque.