Accounts Payable Overview
Use the Accounts Payable (AP) module to enter supplier invoices for purchases that you make and then create checks for the invoices you want to pay.
The application can generate payments for all invoices due, those for a particular supplier, or only for specific invoices. If a supplier calls you to discuss an invoice, you have complete information at your fingertips and that history can be kept indefinitely.
You use the Accounts Payable functionality to update both purchase orders in Purchase Management, as well as actual job costs. Adjustments are created if the purchase price does not match the invoiced price. With Accounts Payable, you know how much you owe and when it is due.
- Teacher: Kieu Ngo