The Payments tab is used to record money paid across all business bank or cash accounts.
To create new payment, click New Payment button.
By default, you will see the following columns:
|Date||Date of payment|
|Paid from||Name of Bank or Cash Account from which the payment has been made.|
|Description||Description of the payment|
|Payee||Customer, supplier, employee or another contact payment was made to.|
|Amount||Total amount that has been paid out of Bank or Cash Account|
Use Edit columns button to customize what columns should be visible under Payments tab.
Clicking Edit columns button allows you to add additional columns to better suit your business requirements.
|Cleared||If you are tracking whether the payment has been cleared as per bank statement|
|Accounts||Accounts where the amount paid has been categorized into|