Slight confusion here - why would you use electron...
# accounting
d
Slight confusion here - why would you use electronic payments to pay invoices. Isn't an Invoice something you receive payment for and not 'pay' as such? Vendor invoices, yes by all means.
c
Two approaches:
1. Lots of company AP departments refer to the vendor bill object as an "invoice", because that's what it says on the document - i.e it's an invoice from their vendor.
2. Electronic payments also includes the ability to collect Direct Debit payments (ACH) from your customers, on actual Invoices.
d
Appreciated!