Creating a Standard Draft

On the A/P Payments form, select Actions > New.
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.
To save the payment, select Actions > Save.
Select Distributions.
To distribute the payment, select Actions > New.
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.
Finish distributing the payment.
Print and post the draft.