Purchase Payments

Purchase Payments

The Payment Management feature offered by Autozilla POS streamlines expense management for businesses by providing a centralized platform. This feature enables easy creation, tracking, and administration of expenses related to various business operations. Additionally, it facilitates efficient record-keeping and documentation by allowing users to upload and attach receipts to specific expenses. Let's explore the process in detail.

Let us see what each option in this section means.

1. Select Vendor - This bar lets us search for the intended Vendor.
   

                                                                                                                                

1. Cr. Amount - The column specifies the maximum value at which the seller can supply us with parts.

                                                                                                                              

1. Cr. Days - The specified duration indicates the number of days for which the availed credit remains
   

                                                                                                                              

1. Curr. Outstanding - This option shows us the pending amount on all the invoices associated With that Vendor.
   

                                                                                                                              

1. Available on-Acc -This option shows the advance amount kept to Vendor.
   

                                                                                                                              

1. Due limited - Due immediate option displays the amount yet to be given to the vendor after the completion of credit days.
   

                                                                                                                             

1. Payable Invoice - This choice presents a tabular format that showcases comprehensive information regarding our outstanding bills that are still pending payment. The details are organized in a way that facilitates easy comprehension and reference. See the example below for a visual representation.

                                    

• Purchase Date - The date of issuance on that particular invoice is displayed.
  

• Invoice No - The invoice number is displayed.
  

• Vendor - The name of the Vendor is displayed.
  

• Inv. Amt. - The amount generated by that invoice is displayed.
  

• Note Amt - The amount if we returned the parts to the vendor.
  

• Pending Amt. - The amount which must be paid to the vendor is displayed.
  

• Paid Amt - The amount we paid to the vendor for the invoice.
  

Payments Made - This choice presents a tabular format that showcases the specific information of the Payments we have made, as illustrated below.

                                              

• Payment Date - The date we made the payment is displayed.
  

• Voucher No. - The voucher number is shown for the particular payment receipt.
  

• Transaction No. - The transaction number associated with our payment when we choose online banking services is displayed.
  

• Vendor - The name of the vendor who has received the payment is displayed.
  

• Paid Amt - The amount the vendor received is displayed.
  

• Available Balance - The amount shows if we paid more than an invoice amount to Vendor.
  

• Payment Mode - The means through which we made payment is displayed.
  

• Account No. - The bank account number through which the transaction was processed.
  

• Action - Let us print the receipt.
  

Closed Payments - This module helps us view the Closed payments

                             

• Inv date - The date on which we have closed the Invoice is displayed.
  

• Inv. No - Invoice number is Displayed.
  

• Vendor - The name of the vendor, The name of the vendor is displayed.
  

• Inv. Amt - The amount generated by that invoice is displayed.

• Adjusted Amount - The amount we adjusted for the Invoice to the vendor is showing.
  

• Adjusted Date - The date we adjusted for the Invoice to the vendor.
  

• Voucher Amount - The voucher amount is displayed.
  

• Voucher Number - The voucher number is displayed.
  

• Voucher date - The voucher date is displayed.

  

1. The  Icon lets us pool the amount we have given to the vendor.
   
2. The  Icon lets us apply the paid amount to the oldest invoices of that customer.
   
3. The Icon lets us manually apply the paid amount on selective invoices.
   

With the Purchase Management feature in Autozilla POS, businesses can streamline their expense tracking and management, reducing the risk of errors and improving overall efficiency.

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