Payment Priorities - Revision history

Vtran at 18:03, 8 September 2022

2022-09-08T18:03:32Z

Vtran at 20:03, 8 July 2022

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Vtran at 20:01, 8 July 2022

2022-07-08T20:01:50Z

Vtran at 19:38, 8 July 2022

2022-07-08T19:38:02Z

Vtran: Created page with "NOTOC ===General Information=== Payment Priorities (PP) are used in Accounts Payable. They help to determine when and how an invoice should be paid. A default PP can b..."

2022-07-08T19:37:36Z

Created page with "__NOTOC__ ===General Information=== Payment Priorities (PP) are used in Accounts Payable. They help to determine when and how an invoice should be paid. A default PP can b..."

New page

__NOTOC__

===General Information===

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.''

[[File: Payment_Priority_Screenshot.png]]

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

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

There are 4 letters that can 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 [^apnonchk|Non Check Payments] 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 [^apnonchk|Non Check Payment] screen.

C = Credit Card. If you paid the invoice with a Credit Card, then select this as your payment priority and then select the Credit Card Vendor (i.e. American Express, Visa, MasterCard, etc). These vendors should have the 'Credit Card Vendor' attribute.

[[Category: Accounts Payable]]

@@ Line 1: / Line 1: @@
 __NOTOC__
-===General Information===
+==General Information==
 Payment Priorities (PP) are used in Accounts Payable.

@@ Line 26: / Line 26: @@
 N = Non-Check Payment.  Use the [[Non Check Payments | Non Check Payments]] 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 [^apnonchk|Non Check Payment] screen.
+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 Payments | Non Check Payment]] screen.
 C = Credit Card.  If you paid the invoice with a Credit Card, then select this as your payment priority and then select the Credit Card Vendor (i.e. American Express, Visa, MasterCard, etc).  These vendors should have the 'Credit Card Vendor' attribute.
 [[Category: Accounts Payable]]

@@ Line 24: / Line 24: @@
 M = Manual Check.  Use the MC button on the AP Invoice screen to pay these invoices.
-N = Non-Check Payment.  Use the [^apnonchk|Non Check Payments] screen to pay these invoices.
+N = Non-Check Payment.  Use the [[Non Check Payments | Non Check Payments]] 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 [^apnonchk|Non Check Payment] screen.