Payments Made - Overview
The Payments Made module in Zoho ERP helps you record and manage payments made to vendors. Using this module, you can track how and when vendor dues are settled, manage payment approvals, and maintain accurate cash, bank, and accounts payable balances. A typical payment workflow includes recording a payment, sending it for approval if required, and reconciling it with bank or card transactions.
Understanding Payments Made
- What Is a Payment Made?
- How Payments Made Impact Payables
- Lifecycle of a Payment Made
- Configure Preferences
Record Payments Made
- Methods to Record Payments Made
- Record a Payment Made
- How Payments Are Applied to Bills
- Edit Payments Made
Vendor Advances
- Record Vendor Advance
- Apply Vendor Advance to a Bill
- Edit an Advance Applied to a Bill
- Delete an Advance Applied to a Bill
- Record Refund for Vendor Advance
- Edit a Refund
- Delete a Refund
Approvals for Payments Made
- Configure Approvals for Payments Made
- Submit Payments Made for Approval
- Recall Submitted Payments Made
- Approve Payments Made
- Reject a Payment Made
- Resubmit a Rejected Payment Made
- Disable Approvals for Payments Made