Any postings made in Accounts Payable is updated in General Ledger as well. The Accounts Payable submodule has tons of reports and forecasting to features to track vendor outstanding and payments. The chief processes covered in the sub-module are
Maintain Vendor Master Data Invoice Handling Payments Account Analysis of Reconciliation Reports
Here is the list of tutorials that will teach the above process.
How to Create a Vendor
How To Create a Vendor Account Group
How to Display Changes in Vendor Master
How to Block or Delete a Vendor
Create Vendor Master Data
One Time Vendor
Purchase Invoice Posting
Purchases Returns – Credit Memo
Outgoing Payments
Foreign Currency Vendor Invoice
How to Post Withholding Tax during Vendor Invoice Posting
How to Post Withholding Tax During Payment Posting
Outgoing Partial Payments By Residual Method
Outgoing Partial Payments By Partial Payment Method
Reset AP Cleared Items
Automatic Payment Run
How to Map Symbolic Account to G/L Account
Posting Rounding Differences
