You can track payments with purchases orders that may have a invoice or bill associated with them or not. If you need to provide a deposit or wish to make a payment with the PO, Settle allows you to create new payments that are tied to purchase orders.
Follow these steps to make a payment for a Purchase Order (PO):
Access the Purchase Order:
Navigate to the PO that you will make a payment against.Initiate Payment:
Click on the "Proceed to Payment" button in the bottom-right. This button should be on the main Details tab of the PO but you may also see it on the Payments tab.Enter Payment Details:
Fill out the necessary information, including:Vendor
Payment amount
Payment method
Pay-to account
Pay-from account
Scheduled payment date
Finalize the Payment:
Click the "Schedule Payment" button to complete the process.
When viewing the payment via the payments page, you'll see this PO linked to the payment. This will help ensure ease of trackability against the payment/deposit.
Note: For payments made via wire transfer, please ensure that the vendor has an address on file. Payments cannot be processed without this information.
