Cash Payment Entry – BPAY and Credit Card

An Update has been made to Cash Payment’s Entry. Two new Transaction Type options (BPAY/CREDIT CARD) have been added.

BPAY

A BPAY transaction works just like a Direct Pay transaction except it is immediately posted to the Cashbook as un-presented since the system doesn’t actually process the BPAY payment to the bank.

Credit Card

A Credit Card transaction works differently. The bottom section has the usual creditor line but also has a second line for the Credit Card Creditor. This can be pre-filled if entered on the Supplier’s Bank Details or manually. This payment amount is credited to the Credit Card Creditor by using a negative amount. The top section amount is forced to 0 since the Cashbook balance is not effected until the Credit Card Creditor is paid off with a separate Cash Payment entry.

Upon accepting a batch, Payment Advices are printed/sent for both BPAY and CREDIT CARD just like a DIRECT PAY transaction.

BPAY/Credit Card pre-fill can be configured in Supplier Bank details, this update and more information is available here.