How can I pay a Solution-IV Accounts Payable invoice with a credit card?
Try the following steps: 1. Create a new bank code representing the credit card (ie VS, AX, MC, etc) 2. For the General Ledger account on that bank, create and use a “Credit Card Payables” account. 3. When you get the invoice from the vendor, if you don’t know either when you are going to pay it or that you might pay it by credit card, enter the invoice as a regular invoice through Invoice Entry. You should expense it to the appropriate expense account, based on what was purchased. 4. When you are ready to pay the invoice using your credit card, go to Manual Check Entry, and use the bank code created in step 1 above. Make up a check number (or use the vendor code plus date (or whatever makes sense to you), and pay the invoice. 5. If you know right away that you are using your card, you can skip step 3 and simply enter the payment as a manual check, entering the appropriate expense account in Manual Check Entry. 6. When you get the credit card bill, instead of detailing the expenses, yo
