Epayables ability
Epayables ability... We would like to have the ability to have a payment type for each invoice of Epayable.
The epayable should Debit our AP(Liability) account and credit another ap (epayable) account. Then when we pay the credit card bill it would Debit AP Epayable and credit cash. We don't want it hitting the cash account until we pay the credit card statement. This is the up and coming thing. We would get rebates from the credit card company for doing this so many districts may get on board with this.
Jodie Saultz
shared this idea
Great news! Starting with the 05.20.02.00.07 release you will find epayables ability in SMS 2.0.
A new vendor Default Batch Number (EPay) is available on the web via the vendor General Information edit screen for remit to vendors. When a vendor’s default batch number contains a value, AP invoices created on the web will populate the invoice with the vendor’s default batch number.The default batch number over rules other User Preferences for batch number. This is a web only feature.
Thank you!
Ashley Prinsen
Product Owner