The Bill Payment feature in the Expense module allows users to record and manage payments made against approved bills. It ensures that all outstanding expenses are properly settled and accurately reflected in the financial system.
Users can select a bill, choose the payment method (cash, bank transfer, cheque, etc.), and record partial or full payments. The system automatically updates the bill status as paid, partially paid, or unpaid based on the transaction.
This module helps maintain accurate financial records, improves cash flow tracking, and ensures transparency in expense settlements. It also supports reconciliation by linking payments with relevant accounts and generating detailed payment reports for auditing and analysis.
Administrators can view payment history, track pending liabilities, and manage vendor payment records effectively.
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