Partial Payments: Generated Transactions
To be able to partially pay bills, you create and process payment documents. To update vendor balances, the system generates the GL transaction described in the following section.
Transaction Generated for a Partial Payment
When you create and release a payment, the system generates the following GL transaction.
| Account | Debit | Credit |
|---|---|---|
| Cash account | 0.00 | Amount |
| Accounts Payable | Amount | 0.00 |
You can view the reference number of the GL batch on the Financial tab of the Checks and Payments (AP302000) form.