AP-ACCOUNT PAYABLE

Accounts Payable Module enables to maintain and manage regular payment and supplier’s credit.  It will identify and provide proper reports and information on supplier’s request and company liabilities. The Accounts Payable Module will provide the management with information required for financial and administrative control over the company trade and non-trade creditors. 

The main objectives of this module shall therefore be to:

•   Maintain a creditors' ledger,

•   Help an efficient cash management through aged creditor reports and cash requirements reports,

•   Monitor and process multiple currency transactions,

•   Enable proper accounting of creditors for the different levels of the Company.

All liability or payment, debt or credit, transaction related to the suppliers will be represented in account Payable credit.

This module manages tables and data derived from the Purchase order module, Treasury module and other parts of other modules that operates with supplier financial activities.

Accounts Payable enable credits payment planning and managing without financial shocks. It will give opportunity for longer-term Cash managements and improve general cash efficiency.  

The Accounting Payable module consists on:

• Invoice module,

• Office and other small expanse;

• Business trips expenses. 

Account Payable Module intuitively follows the real flow of the processes and in same time transforms data in accordance with the accounting rules and regulations.