Make Payment
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      1. ParagonERP
      2. Modules
      3. Make Payment

      Creating make payments

      Introduction

      Payments (which can take the form of checks, cash, wire transfers, etc.) are transactions that reflect payments made to suppliers. These payments are often generated based on earlier transactions that have been sent from suppliers and/or warehouses - such as invoices or receipts. Here, we'll walk you through creating a make payment from a vendor invoice.

      Go to the make payment module

      From the home screen, click on more to access the make payment module.

      Add a new payment from a vendor invoice

      Click on the create new make payment button at the top left of the page, select  a vendor invoice to create a payment then hit the accept button. 
       
       
      This modal features a toggle at the top right corner to show fully paid vendor invoices (which is off by default). The default setting filters out any vendor invoices that have already been paid.
       

      Once you have selected your vendor invoice, you will able to see the total left to be paid field. 




      Full payment vs. partial payment

      Issuing a full payment

      In the make payment transaction, the remainder is filled in automatically:



       Hit the edit button

       

      Add the payment amount in the line field. It will set the remainder to zero and automatically fill the payment total:



      Then you have to fill in these mandatory fields: bank account, payment type and reference. 



      Once this is done, hit the save button at the bottom of the screen then issue the payment by clicking the action button and selecting issue .

       

       

      Learn how to set up bank accounts, if you don't have bank accounts already set up in Paragon.

       

      Issuing a partial payment

      In edit mode, enter the payment amount in the line field. For example, if the vendor invoice amount is $9,000, and you will only be paying $4,500, you would enter the $4,500 in the payment amount in the line field, and the system will automatically update to show that the outstanding amount is $4,500.

      Once done, click the save button on at the bottom of the screen, and then issue the payment by clicking the action button and selecting issue.

      What's next?

      Now that you have created a make payment from a vendor invoice, you can learn how to:

      Add options to the payment type attribute

      Setting up payment terms