CheckMark Knowledge Base CheckMark Knowledge Base

  • PRODUCTS
    • SOFTWARE
      • CheckMark Payroll
      • CheckMark MultiLedger
      • CheckMark 1099
      • CheckMark 1095
    • PAPER PRODUCTS
      • Checks & Envelopes
      • Business Forms
      • Tax Forms
  • SERVICES
    • HR Services
    • Time & Attendance
  • STORE
    • Online Store Home
    • Software
    • Software Updates
    • Bundles
    • Checks & Envelopes
    • Business-Forms
    • Tax Forms
    • HR Support
  • MORE
    • ABOUT COMPANY
      • Our Story
      • Culture
      • Contact Us
    • PARTNER PROGRAMS
      • Consultant Program
      • Software Partner
      • Resellers Program
    • SUPPORT
      • Request Support
      • Knowledgebase
      • Blog
      • Tutorials
      • Find a Consultant
  • Sign In
    • My Account
    • Other
      • HR Services
      • Time & Attendance
  • Free Trial
Home / CheckMark MultiLedger, Vendor Transactions / Vendor Payments in CheckMark MultiLedger

Vendor Payments in CheckMark MultiLedger

creating vendor payments

Using the Vendor Payments Window

You can use Vendor Payments for any of the following situations:

  • You need to write a check for an outstanding payable.
  • You need to delete an outstanding payable dated prior to your current open months that was entered incorrectly when your company was set up with MultiLedger.
  • You need to make an adjustment or write off an outstanding payable.

Vendor Payments Field Descriptions

This section describes the fields on Vendor Payments.

Cash Acct

The default cash account assigned on Interface Accounts is shown.

You can change the cash account by clicking the account number or name and selecting a new account from the pop-up list.

Disc/Adj Acct

You can change the discount or adjustment account by clicking the account number or name and selecting a new account from the pop-up list. If no account is shown, click to the right of the Disc/Adj Acct label and select an account from the pop-up list.

This account can be used to record vendor discounts or to reverse an original payable, and is typically not the Accounts Payable account. Once you’ve selected an account as the Disc/Adj Acct, you can change the account, but you cannot remove it.

Check #

Enter a document number up to eight characters long to identify the check. The last character must be a number.

After the check is saved, the check number (or last number of a combination of characters) is increased automatically by one.

Check Date

Simply type over the highlighted day or use the +/- keys on your keyboard to increment/decrement the date. You can enter a date from the 30 open months, provided the month isn’t locked, in the form MM/ DD/YY.

Total Paid

As you apply payments, the Total Paid field shows the total for the check. When you save the check, the Total Paid amount decreases the account selected for Cash Acct.

Total Discount

As you apply discounts, the Total Discount field shows the total discounted for the deposit. This will be the total amount recorded to the account you selected in the Disc/Adj Acct field.

Cash Balance

This field shows the current general ledger balance for the selected Cash Acct.


Related Articles

Vendor Transactions Flowchart for CheckMark MultiLedger

How to Record Purchases in CheckMark MultiLedger

Item Purchases in CheckMark MultiLedger

How to Record, Modify & Delete a Purchase with Item Purchases

Payable Journals in CheckMark MultiLedger

How to Record, Modify & Delete a Purchase with the Payables Journal

Disbursements Journal in CheckMark MultiLedger

How to Record, Modify & Delete a Check with the Disbursements Journal

How to Record, Modify & Delete Vendor Payments

How to Create a Purchase Order

Special Vendor Situations in CheckMark MultiLedger

Related

CheckMark MultiLedgerVendor Transactions

Search the Knowledge Base

Browse by Topics

  • Getting Started
  • Initial Setup
  • Backing Up & Restoring
  • Multi-User
  • Setup Option
  • Customer, Vendor and Item Setup
  • Introduction to Transactions
  • Customer Transactions
  • Vendor Transactions
  • Other Activities
  • Integration with CheckMark Payroll
  • Customer, Vendor & Item Reports
  • Financial and Other Reports
  • Sample Chart of Accounts
  • AppleScript and Importing
  • Error Messages
  • Miscellaneous
accounting software

SOFTWARE

  • CheckMark Payroll
  • CheckMark MultiLedger
  • CheckMark 1099
  • CheckMark 1095

SERVICES

  • HR Services
  • Time & Attendance

PAPER PRODUCTS

  • Checks and Envelopes
  • Business Forms
  • Tax Forms

RESOURCES

  • Knowledge Base
  • Blog

ABOUT US

  • Our Story
  • Consultant Program
  • Software Partner
  • Resellers Program
  • Contact Us

CONTACT INFORMATION

  • 323 W Drake Rd, Ste. 100, Fort Collins, CO 80526
  • Tel: 970.225.0522
  • Fax: 970.225.0611
  • sales@checkmark.com

| | |

Terms of Service | Privacy Policy | Sitemap

Copyright © 2022 CheckMark, Inc.