Why would I need to use the Bank Payments and Receipts options instead of the Supplier Payments and Customer Receipts options?
Bank payments and receipts are be used to post entries that are paid directly from the bank, such as wages or bank charge payments. Bank Payments do not link to Purchase Invoices and can be used to record expenditure where you have paid for goods by cheque and do not need to record this through the Purchase Ledger. Bank Receipts do not link to Sales Invoices and can be used to record cash or cheque income.
