How do I settle invoices in Accounts Payable?
To settle invoices, navigate to Accounts Payable in the portal, select Settle Invoices, choose a payment date, select the invoices you want to pay, and confirm the payment. You will then receive Fifo Capital Bank Account details to complete a manual bank transfer.
- From the main menu dashboard, navigate to the Accounts Payable section.
- Open the dropdown menu and select Settle Invoices to begin the payment process.
- A date selection page will appear. Choose the date on which you would like to make the payment for your invoices, then select Confirm to proceed.
- A list of outstanding invoices will appear. Review the invoices and select the ones you want to pay. You can choose to make either a Part or a Full payment for each invoice.
- Once you have selected your invoices, select the Confirm Payment button at the bottom of the page.
- You will be shown the Fifo Capital Bank Account details — including Account Name, BSB, and Account Number — to complete a manual bank transfer. Keep a record of your transfer reference number, as it may be needed for payment reconciliation. Once your transfer is complete, please allow a few business days for the payment to be processed and reflected against your invoice (contact support to confirm the current processing timeframe).