SP

Supplier Payments

Purchases Money paid out

Record money you pay to a supplier here. Each supplier payment reduces what you owe that supplier, so your Payables balance always reflects reality. It is the mirror image of a customer Receipt.

Recording a supplier payment

  1. Open Supplier Payments → NewThe form opens.
  2. Set the date and methodWhen you paid and how.
  3. Pick the supplierTheir name and PAN fill in automatically.
  4. Enter the amount and saveThe supplier's outstanding balance drops by that amount.

The form, field by field

Payment

FieldRequiredWhat to enter
Payment Date (BS) BS dateYesThe date you paid, in Bikram Sambat.
Payment Method selectYesHow you paid - Cash, Cheque, Bank Transfer, Online or Other.
Method Detail textOptionalA finer description - wallet, card, the bank branch, and so on.
Reference textOptionalThe cheque number or transaction ID, for tracing the payment later.

Supplier

FieldRequiredWhat to enter
Supplier pickerYesThe supplier you paid. Choosing one auto-fills the name and PAN.
Supplier Name textAutoFilled from the chosen supplier; editable.
Supplier PAN textOptionalThe supplier's 9-digit PAN.

Amount

FieldRequiredWhat to enter
Amount amountYesHow much you paid. You can pay a supplier in instalments across several payments.
Remarks text areaOptionalA free note about this payment.

How it affects your balance

Each supplier payment is subtracted from the total you have purchased from that supplier (less any returns). The remaining figure is your outstanding payable to them, visible on the Payables report and the supplier statement.

Reconcile against the statement

Open the supplier's statement under Payables to see every purchase and payment as a running balance - the easiest way to confirm you have paid the right amount.