Payment can be made against following transactions.
- Sales Invoice.
- Purchase Invoice.
- Sales Order (Advance Payment).
- Purchase Order (Advance Payment).
In ERPNext, there are two options through which user can capture the payment:
- Payment Entry (Default).
- Journal Entry.
1. How to make a payment
1.1 Make Payment
On submitting a document against which Payment Entry can be made, you will find Make Payment button.
1.2 Payment Entry
This is what a Payment Entry looks like:
For more details about payment entry check here.
1.3 Journal Entry
To make payment using journal entry follow these steps:
Activate Payment via Journal Entry. Go to Accounts > Accounts Settings, check the box Make Payment via Journal Entry.
Make the payment. On submitting a document against which Journal Entry can be made, you will find Make Payment button.
Journal Entry. Save and submit the journal entry to record the payment against the invoice
- Journal Entry
- Payment Entry
- Payment Terms
- Sales Invoice
- Purchase Invoice