Supplier Payments

Periodic payments are made to suppliers, based on the due dates. If this process is streamlined, subject to availability of funds, the business can maintain its credit standing with Suppliers. This is important from the point of working capital management, as denial of credit and the demand to make spot payment could squeeze the business’ finances.

All Payments in the system can be searched and listed on the Payments homepage.

You can run a wildcard search by simply clicking Search. Use the Status filters to restrict the results

A Payment can be in any of the four statuses, i.e, Created, Sent, Confirmed or Voided.

CREST ERP allows you to pay invoices individually as well as in batches. These processes are explained in the following sections.