Pay bills

You can issue payments by check, cash, or credit card. If your account is set up to work directly with your bank or financial institution by means of an Internet connection, you can also pay your bills online.

  1. On the Vendors menu, click Pay Bills. The Pay Bills form displays all the vendor bills that are due.
  2. Click the arrow next to Pay from and select the account that you want to pay your bills from, or click Add a new Financial Account to add a new bank account.
  3. Click the arrow next to Payment method and select how you want to pay your bills. If you have previously set up online banking services, Electronic Payment appears as an option, in addition to Cash, Credit Card, and Check.
  4. Select the check box of each bill that you want to pay. You can change which bills are displayed by filtering according to date, vendor, or vendor preferred payment. To view details of a bill, select a bill, right-click it, and then click Show Details.

 Note    You can select all the vendor bills by checking the box in the column header next to Due Date.

  1. Proceed according to which form of payment you selected.

 Note   You can make a partial payment. If the amount that is due is greater than the amount that you want to pay, change the amount in the Payment column.

Option Description
Cash Click Save and Close or Issue Payment on the toolbar to record the payment.
Credit Card Click Save and Close or Issue Payment on the toolbar to record the payment. If you have signed up for credit card processing, when you click Issue Payment, the Windows Live ID login box opens.
Check

Click Issue Payment on the toolbar to record the payment and print the check.

To print checks later, click Save and Close on the toolbar, and then, in the Add Memo and Check Number dialog box, click OK.

To record manual checks used for bill payments, click Save and Close on the toolbar, and then enter the check number and memo information in the Add Memo and Check Number dialog box.

When the form is saved, the bills are available in the Select Payments to Issue dialog box. To open this dialog box, on the Vendors menu, click Issue Payments.

Electronic Payment

Click Issue Payment on the toolbar.

When the form is saved, the bills are available in the Select Payments to Issue dialog box. To open this dialog box, on the Vendors menu, click Issue Payments.

 Note   After you have issued an online bill payment, you can cancel it using Accounting 2008. The amount of time you have to do this depends on your bank or financial institution's policy. For more information about canceling an online vendor payment, see Cancel online vendor payments.

 
 
Applies to:
Accounting 2008