Difference between Manual and Quick Payment


Functionally:


Manual Payment:

 These are manual check payments. Payments processed by writing a cheque manually, issued to the Supplier and later updated in the system. you can select invoices having Payment Method as Electronic

Quick Payment: 

Quick payment are computer generated payments. Cheques will be printed from the system. for quick payments even though a check is voided we can reissue the same check since it is a computer generated payment. interest invoices are generated only for quick payment

Technically :


With Manual Payment option, you can apply the payment on any invoice and on any Site of the Supplier.  Manual Payments can be recorded against invoice with supplier site having a 'Hold All Payments' checked whcih is not possible in case of Quick Payments


Where as in Quick Payment, system picks up the Supplier Name and Address based on the invoice you selected to pay and you are not allowed to alter the site details.


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