i-Genius2.0
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6.1 Payments & accounting

Quick Payment

Record any expense paid – salary, electricity, repairs, stationery – against an account, without journal entries.

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Quick Payment
More in Payments & accounting
Where to find it
MenuEntries › Quick Payment (Ctrl+K)

Steps

  1. Open Entries > Quick Payment.
  2. Set Date and number.
  3. Choose the cash/bank account in Payment Mode and the expense/party in Account Name.
  4. Enter Amount, Discount, Remarks (cheque details if paying by cheque).
  5. Click Save; Print prints the voucher.

Fields & options

  • Same fields as Quick Receipt (it is the same screen with a different header).
TipCash is going negative warns when cash would go below zero (can be disabled in options).
TipRegisters for both are under Reports > Quick Payment Register / Quick Receipt Register.
Payments & accounting

More in this module

6.2

Bank Entry

Record bank transactions – cheques/drafts issued or received, cash deposited or withdrawn, bank charges…

6.3

Financial Accounting - Payment

Double-entry payment voucher (money paid out) for the accountant.

6.4

Financial Accounting - Receipt

Double-entry receipt voucher (money received). Same screen and steps as Payment, but the first line defaults…

6.5

Financial Accounting - Journal

Adjustment entries between accounts with no cash/bank movement (provisions, corrections, transfers).

6.6

Financial Accounting - Contra

Transfer between cash and bank accounts (e.g. cash deposited in bank).

6.7

Financial Accounting - Debit Note

Debit a party account (for example extra charges or a purchase return) with a note.

All 9 features of payments & accounting

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