Documents with this transaction type are created when you need to register in the system any amounts paid out to your suppliers from your bank accounts.
You can create a Bank Payment (To Supplier) document based on the following documents: Purchase Order, Invoice Received, Additional Expenses, Proforma Invoice Received, Money Payment (Plan), or Cheque Issued. Also, a project can be used as the base for creating a Bank Payment.
A Bank Payment (To Supplier) can be used as basis for the following documents:
- Tax Invoice Received: To register the recoverable VAT if the payment is an advance to supplier.
Tax Credit Note: To register VAT on return to the supplier.
See also