Posting,
including posting
invoices, auto-pay invoices, invoices from purchase order information, and credit memosAbout Accounts Payable
The accounts payable (A/P) application allows you to maintain an accurate listing of monetary
transactions for all your vendors. An accounts payable account represents the amount you owe a
vendor for purchase orders or services. Through the accounts payable application, you can build and maintain a complete history of your accounts payable activity.
The A/P application includes:
Posting,
including posting
invoices, auto-pay invoices, invoices from purchase order information, and credit memos
Adjusting
and correcting, including viewing invoice information, and adding or deleting explanatory messages
Paying
A/P invoices with either system-generated or hand-written checks, or posting partial payments
Marking,
viewing and printing invoices
Printing
and releasing
A/P checks
Maintaining
the check file
Performing
period-ending procedures
Releasing,
purging, and aging A/P
Using
the accounts payable reports.
A/P features:
System-Generated or Hand-Written Checks
Viewing Accounts Payable Posting Information
Going Live on Accounts Payable
See also:
Understanding Accounts Payable Batches
About Releasing Accounts Payable Batches
Understanding A/P Voucher and Net Dates
About Viewing A/P Information in the President's Screens