How do I pay a Supplier?

To pay a UK supplier, match the invoice to the original purchase order and goods received, confirm VAT and total amounts, obtain internal approval, and settle using the appropriate payment method. Faster Payments handles most low-value payments in seconds, BACS is used for scheduled bulk payments, and CHAPS covers same-day high-value settlements. Keeping clear records of each payment is essential for bookkeeping and VAT purposes.