Entering Pay Bills transactions using the Bank Register

Purchases > Paying bills > Entering Pay Bills transactions using the Bank Register window

The Bank Register allows you to quickly and efficiently enter all your transactions for asset accounts with checking privileges or liability accounts with credit card privilege from one window. You can also view a complete transaction history for a selected date range of each of these accounts and open the source window of each transaction for more detailed information.

Note: The Bank Register is not a transaction window

The Bank Register simply offers a streamlined method for recording transactions. When you enter a Pay Bill transaction in the Bank Register, it is as if you had opened, entered and recorded the information in the Pay Bills window.

The Pay Bills window has fields for more information than does the Bank Register. You can click the Split button in the Bank Register window to open the Pay Bills window and enter more detailed information.

Whether you use the Bank Register or the Pay Bills window to enter the transaction, it is the Pay Bills window that displays when you open the recorded transaction from the Bank Register, Sales Register or Find Transactions windows.

The data entry area appears in the bottom portion of the window and the top portion displays the transactions in a scrollable list.

The list in the upper left corner of the Bank Register window displays only asset accounts with checking privileges and liability accounts with credit card privilege.

Note: The Group with Electronic Payments button isn't available in the Bank Register

If you want to pay a bill electronically, you must select the account that is your linked Checking Account for Electronic Payments from the list in Bank Register.

Doing this will ensure that when you record the transaction it will be listed in the Prepare Electronic Payments window.

You can also enter an amount in the Discount field; an amount entered in the field will lower the amount in the Total Owed field. An amount will be entered automatically in the Discount field if, according to the terms of the purchase, a discount for prompt payment is owed to you; this amount can be edited.

Step by step
To pay a vendor using the Bank Register

Related topics
Working with discount amounts for prompt payment

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