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To view suggested supplier payments

When paying your suppliers, it's important to prioritise who you pay so your most important debts are paid off first. This ensures you avoid late payment charges and take advantage of early settlement discounts. To help you keep track of your creditors and decide who you should pay first, you can use the Suggest Payments option.

To use Suggest Payments

1. Modules > Suppliers > Tasks pane > Manage Payments > Suggest Payments.

   A prioritised list of the suppliers that you should pay appears. The accounts of those suppliers set as Priority Suppliers are placed first in the list with the highest outstanding balance first. The accounts of the remaining suppliers follow, placed in order of the amount outstanding.

2. Funds for Payment > enter the amount you want to pay > Bank A/C > choose the bank account you want to use for the payment > > Suggest.

   Tip: If you leave the Funds for Payment box blank, Sage 50 Accounts checks the balance and minimum limit of the bank account you are using to see whether funds are available in the account. If funds are available you are prompted to either accept a default value or enter your own value. If no funds are available, you are prompted to enter your payment value.

   Sage Accounts displays a suggested payment amount for each outstanding balance using the funds available for payment, and in the Reason column it indicates the reason for suggesting the payment.

   Tip: To print the list of suggested payments > Print List > OK.

3. Select the supplier you want to pay > Make Payment > amend any cheque details as required > allocate the payment amount > Save > Close.
4. Repeat step 3 for any further payments you want to make.
5. Click Close.

When you make a payment to a supplier using Suggested Payments, any promised payments are reduced by the amount you pay. In addition, any existing promised payment event in the diary that relates to this promised payment is updated to reflect your payment.