Accounts Payable
The CPA solution has a fully integrated Accounts Payable (A/P) module.
The module is preconfigured, but you can make relevant changes to this configuration during the implementation to set up correct payment terms, vendor groups, currencies, and so on.
In the A/P module, the Finance Department can handle the following processes:
- Set up template vendors to be used when creating vendors.
- Handle requisitions and purchase orders.
- Set up approval hierarchies for vendor invoices, to comply with company purchase policies.
- Register and post vendor invoices, including preregistered invoices (if you do not know who is responsible for the purchase, but posted the vendor invoice anyway).
- Reallocate vendor invoices.
- Reconcile vendor invoices against manual payments.
- Look up vendor entries.
- Related Topics:
- AP_Transactions_(CPA_Solution)
The CPA solution supports both a one-step and a two-step vendor invoice process. - AP Lookups
The AP Lookups workspace within the CPA solution includes four lookup windows that provide different value based on the type of information that you want to access. - AP Setup
The AP Setup workspace is designed to provide a single point of entry to complete all of the daily or weekly A/P setup-related activities.
Parent Topic: Back-Office Modules and Key Features