Pay Invoice from Deposit (PPID)

This posting type is used to pay an invoice using funds from the deposit balance. It is identical to the PPI posting except the payment is from deposit, instead of the Office bank.

Using the posting

When using a PPID, you must specify the payment details including, supplier, invoice number, date, office bank, amount, payment type, payee, etc. If you wish to pay out an invoice-linked memo disbursement, you are prompted to allocate payment amount to the desired memo disbursement(s). For a full list of posting slip fields, refer to the Posting Slip dialog box.

When posted, a check is made to see if the transaction amount is greater than the credit deposit balance. If the transaction results in a negative deposit balance then a suitable message is displayed and you are prevented from continuing. If everything is okay, the invoice is credited and the deposit balance is debited.

Show me the posting slip:

Note

• This posting is available from the Accounts toolbar button, the Batch Posting screen, and the Accounts step in workflow.