A Payment Order is an internal document to record bulk payments against Suppliers.

Within large corporations, the responsibility for authorizing payments to suppliers typically falls to individuals like the Purchase Manager. However, the actual execution of payments is carried out by an Accountant, who is responsible for handling accounts.

The Payment Order serves as the communication channel between the Purchase Manager and the Accountant, signaling the accountant to proceed with the payment process.

In BizCentric, using the Payment Order, you can fetch multiple Payment Requests created against a Supplier.

1. Prerequisites

Before creating and using the Payment Order, it is advisable to create the following first:

1. Purchase OrderOr
2. Purchase Invoice

2. How to create a Payment Order

1. Navigate to the Payment Order list and initiate a new entry. Choose the company bank account.
2. Click on the Get from button and opt for Payment Request.
3. Apply filters if necessary and select the desired Payment Requests.
4. The selected Payment Requests will be imported into the Payment Order.
5. Save and Submit the Payment Order. Subsequently, you’ll observe a button enabling the creation of Payment Entries in bulk.