In Sage X3, payments and receipts of money between banks and business entities such as Business Partners are made under the AP/AR Accounting module.
Payments that are made to suppliers are recorded in the Bank Payments of the AP/AR Module.
This guide shows how to create Bank Payments in Sage X3.
1. Under the AP/AR Accounting module, find the Payments sub-module, and click Payment/Receipt Entry
2. A pop-up with transaction types will show up, select the BKPAY ZAF Bank Payment option
3. Click the plus button on the right panel to create a new transaction
- The following input fields are required for Bank Payment transactions:
4. Site
- Enter the site that is making this transaction.
5. BP
- This refers to the supplier that received this payment.
- Select the supplier; the control and account input fields will be automatically populated.
6. Description
- Input a description such as a description that defines the purpose of the payment.
7. Bank
- Select the bank from which payment is made. The currency input field will automatically show the currency of the paying bank.
8. BP Amount
- Enter the amount paid to the supplier.
9. Go to open items on the left
- Select the purchase invoice for which payment was made.
- The lines table will be populated with the information from the purchase invoice.
10. Adjust the amount if it is a part payment
- You can create a Bank Payment each time you pay to your supplier. until the total amount on the invoice has been paid completely.
- Ensure the amount in the lines table is the same as the BP Amount entered above.