Accounts Payable

Use the Accounts Payable application to process vendor payments as checks or electronic fund transfers, and to process 1099 forms.

You create accounts payable vouchers and disbursements in Transaction Center > Transaction Entry and post them in Transaction Center > Transaction Posting.

Use Accounting > Void Payment to void Accounts Payable checks or electronic fund transfer payments.

Related Topics:

  • Basics
    Review setup, multiple company, and multiple currency considerations.
  • Vendor Review
    Use Vendor Review to view information about a vendor's posted vouchers, including tax information. You can also change the address code, payment date, bank code, and payment currency for vouchers that have not yet been paid.
  • Payment Processing
    Use Payment Processing to pay vendors for outstanding amounts.
  • Export to Text Processing for Accounts Payable
    You can export text to files for processing in other applications.
  • Creating Vouchers from Purchase Orders
    You can create and post an accounts payable voucher from purchase orders created in the Purchasing application.
  • Form 1099 Processing
    You must provide a 1099 form at the end of the year to any consultant that was paid above a specified amount (as legislated). The 1099 form displays the amount paid by your enterprise to the consultant.
  • Firm and Vendor (AP) Reports
    Use firm and vendor reports to review the data for transactions with your enterprise's firms.
Parent Topic: Accounting