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Suppliers manage payments

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Summary

How to use Supplier Manage payments in Sage 50 Accounts.

Description

NOTE: This option is available in Sage 50 Accounts Standard and Professional. To speak to someone about upgrading leave your details, and we'll call you back.

Selecting the Manage payments option in the Suppliers module displays more information about your suppliers such as an overdue balance or disputed invoices.

Resolution

Manage payments 

  1. On the navigation bar click Suppliers, then select Manage payments option at the top right of the window.

This shows a list of suppliers with their current credit position as follows:

A/C The supplier's account reference from the supplier record.
Name The supplier's name, from the supplier record.
Inactive Indicates which accounts are inactive from the supplier record.
Contact Name The contact name from the supplier record.
Telephone The telephone number as on the supplier record.
Overdue This is the value of any invoices that have become overdue.

The invoice uses the Payment Due Date within the Credit Control tab of the supplier record, to calculate the due date. If the invoice is outstanding for longer than the payment due days, it becomes overdue.


Sage 50 Accounts v28.1 and above - If the Payment Due Days for the supplier is zero, choose whether invoices become overdue after 0 days or 30 days. 

Sage 50 Accounts v28.0 and below - If the Payment Due Days for the supplier is zero, the period for invoices becoming overdue is 30 days.

TIP: Changing the value on the supplier record doesn't update the transaction. Click Transactions to amend the due date on a transaction, then click Edit then Due on.
Balance This is the balance currently outstanding.
Disputed Shows any suppliers that have invoices that are in dispute.
Payment Method The regular payment method, as recorded on the supplier record.
Promised Payment Y appears in this column if a promised payment exists in the Communications option. For further information about this, refer to the following section To record contact information.
Follow up The due date of any follow-up action.
  1. To return to the standard view, select Standard.
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