Payment proposal one of the option is used to settle the vendor based on due date, discount and both. Vendor payments are settled based on terms of payment to raise a payment proposal use criteria's like Per Due Date, By Cash Discount or Due date and Cash discount.
Payment proposal is also ensure settlement of open
invoices and verify the closed transaction for creating a payment proposal
steps as follow.
1. Select Accounts payable module> Journals>
Payments> Payment journal click on it.
2. In payment journal form click on new and select the payment journal name
APPAY now click on lines.
3. After clicking on lines in form click on payment proposal and select create
payment proposal and form will appear as below.
As per the above image select proposal type, enter payment date from and to date select bank as default offset account type and select bank in offset account then click ok.
4. After clicking ok a new window will appear select the payment which you want to pay or else if you can simply click on transfer to pay as for selected payment date and small pop box will appear for transfer payment proposal to journal click ok.
5. Now after click on transfer you can see the transaction as per the below.
After creating a payment proposal if your method of payment is cheque then click on functions and click generate payments select method of payment cheque and select bank click ok to generate cheques.
6. Once its done creating then click on validate then post.