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Ledgers Purchase or Accounts Payable: Accounts Payable Menu        

OVERVIEW     

Accounts Payable (Purchase Ledger) manages your financial relations with suppliers of goods and services.

File Path

Ledgers > Accounts payable

This file path takes you to the Accounts Payable menu.

Invoices and Credits…

To record supplier documents and transactions that they have initiated. Both Invoices from suppliers and credits to you can be recorded. Invoice verification against PO history can also be carried out. See the Supplier Invoices or Credits Posting topic.

Debit Note to Supplier…

To create a Debit Note and return goods from stock to a Supplier. See the Debit Note to Supplier topic.

Payments to Suppliers…

Record the payments you make to suppliers against their account. See the Payment and Receipt for AR and AP topic.

Refunds or Cancel Payments…

Any refunds from a supplier or cancelled payments that you have made to a supplier should be recorded in this area. See the Payment and Receipt for AR and AP topic.

Daybook Analysis…

Provides a listing of the current transaction day’s Accounts Payable transaction history. See the Daybook Transaction Listing topic.

Control Analysis…

Provides an analysis of transaction history by period from the Accounts Payable ledger and compares it with the General Ledger control account. A variety of printed analysis reports are available. See the A/R and A/P Ledger Control Analysis topic.

Review Supplier Account…

To provide a review of supplier transaction history. See the Account Review topic.

Review Overdue Payments…

Provides a list of all supplier accounts that have payments outstanding. You will be presented with a dialogue in which you can date the point at which transactions are considered to be overdue. See the Overdue Supplier Accounts topic.

Review Memo…

To review credit control memos. See the Credit Control Memo Review topic.

Use this function for printing statements and review reports of supplier account history and status. See the Supplier Statement and Report Options topic.

Compiled in Program Version 6.00.  Help date last modified on 22 October 2024

Class mAcPurchase (Accounts Payable Menu) last modified 25 May 2022 FP: Ledgers > Accounts Payable

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