[GNC] Should one use Accounts Payable if a vendor is paid immediately ?

Dr. David Kirkby drkirkby at kirkbymicrowave.co.uk
Sun Nov 27 13:56:47 EST 2022


I have put a list of vendors into GnuCash. In the case of a couple of
companies (RS and Farnell), I do have business accounts with, but
previously I just paid with a debit card. For most other vendors, they want
payment in advance. For example, anything I buy from eBay with buy-it-now
usually has to be paid for immediately.

I appreciate that if a vendor gives one credit, the transaction will go
into the Accounts Payable, then one later pays the bill. But what should I
do with vendors which are paid immediately? I can see I could process the
payment as

1) Post Bill
2) Pay Bill immediately afterwards.

but I'm wondering if there's a more direct way of paying someone directly
from the bank account.

Dr David Kirkby Ph.D
Email: drkirkby at kirkbymicrowave.co.uk Web:
https://www.kirkbymicrowave.co.uk/
Kirkby Microwave Ltd (Tel 01621-680100 / +44 1621-680100)
Stokes Hall Lodge, Burnham Rd, Chelmsford, Essex, CM3 6DT.


More information about the gnucash-user mailing list