Creating a Standard Draft

  1. On the A/P Payments form, select Actions > New.
  2. Specify information in these fields:
    • Vendor: Select the number of the vendor you are entering the standard draft for.
    • Payment Type: Select Standard Draft.
    • Check Seq: Accept the sequence number that displays. The system uses this number to keep the distributions in numerical order.
    • Check Date: Enter the draft date, or accept the default, which is today's date.
    • Draft Due: The default payment due date displays, but you can change it to a different date on which the draft is to be due.
    • Bank Code: The vendor's default bank code displays, but you can change it to the code of the bank from which the payment is being made (if applicable).
    • Notes: (Optional) Enter notes about the payment.
    • Reference: Enter a description which is to appear in the journals for this transaction, or accept the default, which is APP followed by the vendor number.
  3. To save the payment, select Actions > Save.
  4. Select Distributions.
  5. To distribute the payment, select Actions > New.
  6. On the General tab, in the Type field, select one of these options:
    • Voucher: Applies the payment to a particular voucher. Enter the voucher number in the Vch/Seq field.
    • Open: Applies the payment to the vendor, not to a specific voucher.
  7. Finish distributing the payment. See Distributing Vendor Payments Manually for more information.
  8. Print and post the draft.
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