Partial Payment Example

Assume you have posted an invoice for Vendor ABC. The invoice number is 123 and totals 10,000.00.

The Select A/P Invoices to Pay form displays as follows:

Unpaid Balance:`	10,000.00
Amount To Pay:	9,990.00
Discount Amount:	10.00
Bal. After Payment:	0.00

After you select Invoice Number 123 on the Select A/P Invoices to Pay form, click Partial Payment .

The Partial Payment form displays the segments, unpaid balance, amount to pay, and discount amount for Invoice Number 123. See the following illustration:

Fund	GL	Unpaid Balance	Amount To Pay	Discount Amount
100	2000	5,000.00	4995.00	5.00
200	2000	5,000.00	4995.00	5.00

You want to pay only 5,000.00 on this invoice and split it evenly. You alter the payment lines as follows:

Fund	GL	Unpaid Balance	Amount To Pay	Discount Amount
100	2000	5,000.00	2500.00	0.00
200	2000	5,000.00	2500.00	0.00

After generating the check for this invoice and posting the related session, a balance of 5,000.00 remains.