(AP – Credit Card Payment)
Use this screen to make a payment against any of your credit card accounts. You have the option of making the actual payment now or creating a payable to be paid later through the Payment Processing screen.
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Accounts Payable Training Course
Screen Details
Field Explanations
Date
Select the general ledger posting date, which defaults to today’s date.
Payment Amt
Enter the amount you wish to pay in this field.
From Bank Account
Select the bank account from which you wish to make this payment. The lookup is limited to ‘Bank Account’ banking account types.
To Credit Card Account
Select the credit card account against which you wish to make a payment. The lookup is limited to ‘Credit Card’ banking account types.
Pay Ref
This is a short reference that prints on the check stub and flows through to the Account Reconciliation screen.
Button
OK
Click this button to process the payment. You are asked if you wish to make payment now or later through the Payment Processing screen.
Immediate Payment
If you choose to pay immediately, the program creates a supplier invoice against the supplier associated with this credit card account. You are then presented with the Payment Processing screen, with this invoice selected for payment from the bank account designated in this screen. Click the Pay button to process the payment.
Pay Later
If you choose to pay later, the program creates a supplier invoice against the supplier associated with this credit card account. The screen closes automatically. You can then pay the invoice at a later time using the Payment Processing screen.
NOTE: When you choose to pay later, the supplier invoice flows through to the Account Reconciliation screen against your credit card account as if it were an actual payment, even though it will be paid at a later date. So be aware that the payment date on the reconciliation screen will differ from the actual payment date on the credit card statement.
