Use a Vendor Prepaid as a method of paying Vendor invoices. Navigate to AP > Access Vendors > Prepaids to view all Prepaids associated with the account. Select the Outstanding Only checkbox to view only Prepaids with an available balance.
Click the Details button to view specifics regarding the Prepaid and learn more here.
Apply to Invoices
To apply the Prepaid to an invoice, click the Apply button for the current list of unpaid invoices for the Vendor account.
Select an Invoice and click the Apply button at the bottom of the window.
The amount of the invoice defaults into the Amount field and can be edited to a different amount. If the Vendor is set to receive a 1099, enter the amount in either the 1099 Misc, 1099 Int or 1099 Div fields.
Click OK to apply the Prepaid to the invoice.