There are a number of default Payment Types that are pre generated to minimise errors.
Click on Bank > Payments then select a payment type.
You will need to complete the following:
- From – select the bank account making the payment
- Amount – the amount of the payment (excluding VAT where appropriate)
- VAT Amount – the VAT amount (where appropriate)
- Reference – the payment reference/ cheque number
- Accounting Date – the date the payment was/ will be made
- Click on Create to process the transaction.