Account payable module maintains financial relationship with vendors providing input to organization in the form of services and goods. Organization’s received data from its vendors are entered, monitored, maintained along with payment processing of invoices and credit notes.
Account payable features received invoice’s instant registration along with incoming invoice’s tracking and authorization. Account payable also supports self-billing invoices where goods receipt automatically generates approved invoices which are paid through advance. Control liabilities prevents paying a fraudulent inaccurate bill and prevent paying the bill twice