User Guide

Entering Payments
74 Simply Accounting
Swc90wb.doc, printed on 1/3/02, at 11:14 AM. Last saved on 1/3/02 10:54 AM.
ACCPAC INTERNATIONAL, INC. Confidential
Include Fully
Paid Invoices/
Prepayments
Click the Include Fully Paid Invoices/Prepayments button if you
need to list fully paid invoices, so you can reverse all or part of a
fully paid invoice (to correct an error or to account for an NSF
cheque).
If you select Pay
Credit Card Bill
If you select Pay Credit Card Bill, the following field appears:
Payment Amount.
The amount that you are paying to the
credit-card company.
If you select Make
Other Payment
If you select Make Other Payment, the following fields appear:
Account
(Acct.)
.
The account this payment will debit or credit.
Description.
A description of an item that you are paying.
Amount.
The amount you are paying.
The remaining fields are the same as described in the section
“Entering Purchases,” earlier in the Workbook.
Exercise 19: Paying an Invoice
Allow future
transactions
1. Before you begin, set Simply Accounting to allow future
transactions. In the Home window, from the Setup menu,
choose System Settings and then Settings. Click the System
tab, and check Allow Transactions In The Future (Beyond
The Session Date). Then click OK.
Payments
2. Open the Payments window.
3. In the first three fields, select Pay Vendor Invoices, Cheque,
and 1060 Chequing Bank Account.
4. In the To The Order Of field, select Software Unlimited.
5. In the Date field, type 01-08-2005 (the day on which you
make the payment).
6. In the Discount Taken field, type 10.
7. Click the Payment Amount field. The full amount of the
invoice, minus the discount, appears.