Cheque Payments 

The creditor cheque payments form is used where monies paid are in respect of purchase and creditor invoices.    

The Cheque Payments are used to:

• generate computer and manually prepared cheques
• generate remittances for suppliers
• generate EFT payment batch - an ABA file can be created to send to the bank for processing the payment
• automatically allocate payments against the originating invoice with the reference number being recorded against the invoice(s) when the payment batch is activated.

Cheque numbers can be assigned to each payment or there is also an option of using one cheque to pay many creditors.  Where multiple invoices for a creditor are being paid, only one cheque is created for the total amount, with each invoice being referenced with the one cheque number.  Credit notes can also be included on the cheque payment form.  Discounts can be taken for non-foreign currency creditors - the GST component is automatically calculated.

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