Payment against purchase is the payment of the products you purchase from the vendors. This assist you in keeping track of any outstanding values. You can record the payment from within the relevant purchase order. To create a payment against purchase, click on “Payment against Purchase” Option from the drop-down list of the Finance Category.
When you click on “Payment against Purchase” Option, a new screen appears that help you in creating the payment of the products you purchase from the vendor. You have to:
- Select the date at which you are creating the sales order
- Select the data of the customer from the Lookup option
- Amount you have to take from the customer
- Method of the payment
- Means by which you give money to vendor
- Reference and can add some notes about the customer
When you inserted all the necessary details of the payment, click on “Save” button to save the payments, otherwise click on “Cancel” button to exit from the page.