Customer and vendor payments
This function enables the association of received or effected payments with receivables or payables. In other words, it allows the association of the effected cash-bank transactions with planned payments which are the receivables and payables.
Documents can be paid from the two levels separately (both from the level of an uncompleted payment registered in the list of receivables and payables and from the level of an uncompleted transaction).
Entities’ payments can be completed from two levels: Customer Payments and Vendor Payments.
The list of customer payments is used for combining payments–receivables with transactions of entities who are only the receivers or both the receivers and vendors. The list of vendor payments is used for combining payments–payables with transactions of entities who are only the vendors or both the vendors and receivers.
Both lists are available in the Finance menu under Customer Payments and Vendor Payments.
Because the method of completing payments is the same for customers and vendors, this functionality will be presented on the example of customer payments.
Figure 24 List of payments and transactions in the Customer Payments window.
Clicking the [Customer Payments] button opens the list of all uncompleted receivables, payables, and uncompleted transactions associated with the entities who are the customers, as well as customers and vendors. Below the list, there is an enhanced filter allowing the filtering of the list according to different criteria and searching for an uncompleted payment or transaction.
Information displayed on that list is the following:
Document Number
Reference Number
Customer
Amount of receivable
Amount of payable
Amount of remaining receivable
Amount of remaining payable
Due date/date
Currency
Payment form
Status
Some of the data is summed up below the list. These data are those presented in the columns Accounts Receivable, Accounts Payable, Receivable – To Be Applied, and Payable – To Be Applied.
Below the list, there is the filter panel allowing for the creation of advanced filters or the use of already implemented filters. More information about how the filters work can be found in a separate document.
The general filter is used to filter the list of receivables, payables, and transactions by:
Customer
Currency
Payment form
Dates
Payment type
Payment status (completed, uncompleted, not subject to completion)
Posted/unposted payments
Timeliness of payment (overdue, not overdue, today’s)
Transaction type
Transaction status (completed, uncompleted, not subject to completion)
Posted/unposted transactions
Amount
The list is filtered upon specifying all the necessary filter parameters and clicking the button 
.
The general filter can be hidden or unhidden by clicking on the buttons 
and 
respectively.
From the level of the list of uncompleted payments, it is possible to edit the selected payment by clicking [Edit] and to view the source document by clicking [Source Document].
On the list of customer and vendor payments, it is possible to complete and compensate the documents.