Specifications Accounts Payable

• Manage suppliers
  • Suppliers are a special type of partners.
  • each supplier has its own currency
  • each supplier has default values for discount for early payment, credit terms (when will the payment be due) etc
• Manage AP documents (ie Invoices and Credit Notes) per supplier
  • each document can have several details
  • each detail can have an analysis attribute
  • documents can have percentage on early payment
  • STILL NEEDED? approval system for AP documents; only approved invoices can be posted
• Post AP document
  • this brings the invoice into the GL system
• Pay AP documents
  • pay one or more documents, even several suppliers at once
  • reflects the payment in the GL system
  • print cheque, create command for bank money transfer