A guide to supplier payment processing in Sage 200
Automates the Way Businesses
Sage 200 automates the way businesses pay suppliers to make the process more convenient. Here at Micross Logic, we’ve come up with a handy guide to make sure the process runs as smoothly as possible so that businesses can make the most of this Sage automation.
Before making supplier payments
Before automatically paying suppliers, Sage advises that businesses carry out the following tasks:
- Allocate all outstanding payments to invoices
This will help prevent duplication of payments and overpaying suppliers - Delete any suggested payments files
Suggested payment files can be created multiple times, depending on your needs. If a suggested payments file has been created but not processed, you’ll be asked if you want to delete it first.
Generating the suggested payments file
With Sage 200, your business has control over which invoices are selected for the suggested payments file, which can include:
- Invoices due up to a specific date
- Invoices more than a specific number of days overdue
- Invoices that would allow early settlement discounts if paid
By being stored by Sage 200, you’ll have the ability to review and amend the invoices or go straight to paying your suppliers.
Reviewing, editing, and processing supplier payments
Through the automated process, you can choose to make a payment to an individual supplier or to all suppliers that are linked to a specific payment group. This is your opportunity to review and amend invoices in the file as there may be some instances where the automated process won’t include them, which may be because:
- The supplier has been placed on hold (the on-hold status should be removed for the invoice to show in the payments file)
- An invoice is under query or dated after the payments date
- If payment would exceed the maximum payment allowed
Alternatively you can choose to not include i
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