使用Payment fee

This article will guide you through how to use Payment fee in Accounts payable module. You can use Payment fee in the same way in other modules.

 

1.       Create Methods of payment, access the 'Methods of payment' form by this path:'Accounts payable>Setup>Payment>Methods of payment'

 

2.      Create Payment fee by this path:Accounts payable>Setup>Payment>Payment fee 

Notes: In General ledger module, please set the Journal type to 'Daily';

           In Account receivable module, please set the Journal type to 'Customer payment';

           In Account Payable module, please set the Journal type to 'Vendor disbursement'.

 

3.       Set the rule of using Payment fee by clicking the Payment fee setup button on the 'Payment fee' from:

 

4.       When purchasing, select the right Payment method, here I select Electronic which i created in step 3.

 

5.       Post invioce the Purchase order.

6.       Do the payment, create a payment journal by this path: 'Accounts payable>Journal>Payment journal', then click 'Lines' button on the 'Payment journal' from to open the 'Journal voucher' form. On the 'journal voucher' form, use the Payment proposal function to create payment journal for the Purchase order which we posted in the last step.

     After create the payment journal line successfully, you can find the Payment fee in the Payment fee tab.

Notes: palease make sure the payment method, Offset account type and offset account of the payment method are the same as the setup in the 'Payment fee setup' of the Payment fee.  If they are not the same, the payment fee won't be created automatically.

After posting this payment journal, the fee will be credited base on the setup of the payment fee.