How to make a Supplier Payment Postings

For Payments: The selected bank is reduced by the payment amount (a credit posting). The amount you owe, shown in the creditors control account, is reduced (a debit posting). For Discounts Received: The amount you owe, shown in the creditors control is reduced by the discount amount (a debit posting). The value of the discount received is posted to the Discount on Purchases nominal account which reduces your overall purchase expenses in the profit & loss account (a credit posting). The supplier payments appear on the Audit Trail as the following transaction types: PP = Payments to a supplier (a purchase payment). PD = Discount on Purchase payment (a purchase payment discount). PA = Payments to a supplier on account (a purchase payment on account). Note: To see the payments you have made against a supplier’s invoice items, use the Activity button on the Suppliers window. Double click on the invoice item to see any payments or part payments that have been made.