What is the preferred method for registering a Supplier Invoice and then registering it has been paid by credit card?

Hi, 

This is nearly the same as the AR (Customer invoice) side.  The same concept applies. We often set up a separate cash account to represent the cash side of making / receiving cc payments.  

I copied the AR side to the this. 

Hi, 

Typically, the process would be to create a cash account (not GL account) and use this when performing a payment transaction. For example, set up a cash account as CC Pay. Then in posting control set PP1 (Cash) where CC Pay will hit GL account XYZ (the correct account for the CC Pay), In Mixed payment, create new payment using Bank CC Pay, report the payment for that invoice. If you need to report any CC processing fees, you can do this as well in the mixed payment.  

The reason for the CC Pay, is because it’s common that the payment (cash) does not flow directly to the traditional cash account.  By using a separate cash account (bank account) you can better control the posting when needed. 

A difference with the AP side, is that potentially you may have many supplier invoices to pay, and you may want to use the automatic payment process via payment proposal.  If that’s the case, you may choose to set up a payment method for CC, using the empty format. 

Bottom line, you still need to do a flavor of payment to ensure the invoice closes out successfully.  The cash side of the postings is controls by the cash account. 

Best regards, 

Thomas