Accounts Payable Module (AP)

Accounts Payable Module (AP)

Used to track who you have to pay and who you have paid and allows netting off amounts when an organisation is both a creditor and a debtor.  

Your Creditor may be a Company or an individual Person and each Company or Individual may also be a Debtor.

• The details of your creditor are maintained using Creditor Maintenance and that includes all persons with roles and contacts details at your supplier.  
• You can track communications with each person individually and also view the overall communications with the organisation.  Emails sent from the system will attach also to transactions (orders, invoices etc).
• Creditor Invoices, Creditor Payments, Creditor Refund, Creditor General Journal Journal Templates and Payment without Invoice required are all common functions
• Bulk Pay Suppliers can be used when you have a limited amount of money to use and want to allocate it across a number of organisations.
• Reconciliations can be used where a supplier is not paid per transaction but across a number of transactions in a period - example for all bookings in a month, or all jobs completed.