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Page History: Payment Priorities

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Page Revision: Tue, 05 Aug 2008 13:01


Payment Priorities (PP) are used in Accounts Payable.

They help to determine when and how an invoice should be paid.

A default PP can be set up for each vendor by setting it on the Remit To screen. Note: The Remit To screen is an attribute jump screen on the Organizations screen.

There are 9 numbers that may be used to specify the priority of the invoice.

  1. 1 is the highest priority.
  2. 8 is the lowest priority.
  3. 2 is typically a default priority.
  4. 0 is a Hold, Invoices with a PP of 0 should not be paid.

There are 4 letters that be used to specify how an invoice is paid.

M = Manual Check. Use the MC button on the AP Invoice screen to pay these invoices.

N = Non-Check Payment. Use the Non Check Payment screen to pay these invoices.

E = Electronic Funds Transfer. Invoices marked with a PP of E will not use a check number. You can enter a Manual Check to mark these invoices as paid. You can also use the Non Check Payment screen.

C = Credit Card. A 3rd Party Credit Card processor may be used with this PP, however most companies use a Manual Check or the Non Check Payment screen to mark these invoices as paid. If you use a Manual Check, be sure to check the "Don't Change Check Number" box so that your Check number counter is not changed/updated.


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