 In this presentation, we will enter a pay bills form. In other words, in the past, we've entered the bills increasing the accounts payable. This time, we're gonna be entering the payment of the bills decreasing accounts payable, decreasing the cash account. It's time to engage with SAGE, 50 Cloud Accounting. Here we are in our Get Great Guitars file. We're currently in the customer and sales section. We're gonna move on down to the Fingers and Purchases section. What we're gonna be doing now is doing the pay bills. We could think of that as a form, the pay bills type of form. What we had in the past was an enter the bills. In order to pay the bill, we had to first enter the bill. We have the bills in place, and when you enter a bill, it's gonna be increasing the accounts payable and increasing some other sides, such as an expense or possibly inventory or something like that. When you pay the bill, then of course, it's gonna be decreasing the accounts payable, and the other side, it's gonna be going to the checking account. Now, there's gonna be a couple of ways we can make the payment. We can make the payment with check or other type of format of payment. We can see on the right-hand side, this is gonna be our list of vendors. This is one way we can sort our vendor list on top, and we can see the balances that are due in this format. We can also run reports for accounts payable reports, such as an accounts payable aging type of report, and that might look something like this. If we go to the reports dropdown, go to the, let's go to the accounts payable, actually. Let's go to the accounts payable, and then we wanna take a look at the, let's take a look at the vendor aged payables. Let's go up to the aged payables. Now, there's not gonna be a whole lot going on with our aged payables, because we only have this one here, but there's the 15,000 for the aged payable, and that'll list the vendors, and it'll also list how outstanding some of these items are for them. So that's one report that we can take a look at for it. Also, if I close this back out, close this back out. When we go to the pay bills, there's a couple different ways we can pay bills. We might pay one at a time in this format. We can obviously use the right of check, and we can say the pay multiple bills. If we select pay multiple bills, we'll get a data screen such as this for the check date invoice due before, or discounts, so I'll keep that as is, and just take a look if I say okay, it'll give us basically a list once again of our bills that are owed, and we can decide which ones to pay, and if we pay them by check then, we can say we want to pay them by check or some other type of format. If we choose to pay them by check, then we can go through the printing of the checks through the process and assign the check numbers in that process as well. So what we're gonna do, I'm gonna use the other method where I'm just gonna pay epiphone, so I can see that we owe epiphone the 15,000. Let's close this back out and say we were just gonna pay one at a time. I'm gonna say you have invoices, do you want to print these checks? I'm gonna say no. And then I'm gonna go to pay bills, and we're gonna say pay bill. So I'm just gonna say pay bill. And I wanna make this bill payment to epiphone because that's the one we owe over here. So I'm gonna say epiphone. That's who we want to pay. Notice it jumps to the left-hand side on the tabs at the bottom. So now we jump to the left-hand side because that's the 15,000 that we owe. So it's saying, hey, you owe epiphone 15,000. Is that the one you wanna pay? And we're gonna be like, yeah, that's the one we wanna pay. And so then we're gonna have a reference number. I'm just gonna put a reference number here. We're gonna then put the date. Let's say 013020 for January 30th. And then we can select the payment type. It could be a check or some other payment. I'm gonna keep it as the cash type. And then I'm gonna say the little checkbox down here and say, check that off. That'll give us the 15,000 that we're gonna pay. So it looks like a check, but again, you can use this form. This is a form. This is a payments type of form. You can think of it as, and you can have then the check or some other format to use this payment type of form. So then it's gonna be coming out of the checking account rather than the cash on hand account. So that's the one that we want. And the other side, if we go down here is going to, well, this is a purchase discount. So we don't have a purchase discount on it. So what's gonna happen when we record this? It's gonna decrease the accounts payable, reducing the accounts payable by that 15,000 down to, I believe, zero. The other side's gonna be coming out of, of course, the cash account. Let's go ahead and save it and then check it out. So we're gonna say, save. Yes, please. And then I'll close this one out. And then we'll go on back to our reports. Let's go back to our reports up top. We're gonna then go down to our, let's go to the financial reports this time. And we wanna take a look at the balance sheet. Let's take a look at the balance sheet. And then let's bring the date to January. So I'm gonna bring the range from January 1st to January 31st. And then select that. I'm gonna maximize it over here. And then we'll go into the checking account. If we go on into the checking account, there's the 15,000 that we have then paid. Double-clicking on that 15,000. We get to, of course, our check type form. Not an actual check because we paid it cash this way, but this is basically the money out type of form. Closing this back out. And obviously, again, it's going to the first tab as opposed to the second tab because we're applying that out. That means, in essence, it's applying it out to a bill. Closing this back out. So there's gonna be our transaction. Closing this back out. The other side's in the accounts payable. We don't see an accounts payable here. Now why? Because we paid it and they're all paid up. It's gone. It's zero. What if I want to drill down on it? What if I want to zoom in on it? Well, we can show the zero balances for that reason, or that's one reason where it's nice to have the zero balances that we can show. So we can go up top and we say, hey, would you show me the zero amounts? Sage and then okay. And Sage is like, yeah, we can show those. And then if we go down to the liabilities, then you have the zero amount, but there's still activity in it. So we can do the zoom thing into the zero amount. And there's the 15,000. So there's the 15,000 double-clicking the 15,000. That then takes us back to our form. Closing this back out. Closing this back out. And that's gonna be it for now. Let's get out of here.