The Accounts Payable module provides you with the vital expense controls needed for your business. In summary, it provides the following features:

Standing Payment Facility Supplier Notes & Records Creditors Aged Register
Foreign Currency/Ledger Hold Payments function Bank Reconciliation interface
Remittance Advice generation Automatic Electronic Document Delivery Cash/Cheque/EFT Payments

You can read an overview of the Accounts Payable system and its functions, features & benefits HERE.

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Purchase Types

July 26, 2019 Accounts Payable

Purpose This function is used to enter or modify the details of ‘Purchase Types’ set up for use in the Purchasing system. Purchase Types contain descriptive details on the types (or categories) of products that you purchase e.g. Steel, Welding Consumables, Paint. You can record one or more Purchase Types against a Supplier account and […]

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Currencies

July 4, 2019 Accounts Payable

Purpose This procedure is used to enter or modify the details of Currencies you want available in the system. You can maintain exchange rates for each currency you transact in as and when required via this function. Data Input ­ Step 1 – Currency Code Currency Code Enter a new, unique currency code, that does […]

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Control Pointers

July 26, 2015 Accounts Payable

Purpose This routine is used to maintain various Control File General Ledger Chart of Account codes needed for the running of Online Advantage. These Control Pointers relate to the accounting postings that Online Advantage performs on the users behalf, without the need for the user to nominate one or both sides of the accounting entry. […]

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Setup Calendars and Debtors Aging

July 23, 2015 Accounts Payable

Purpose This function is used to set up and change the calendars used by the various ledgers in Online Advantage as well as the parameters for Debtors Ageing and related functions on the Debtors Ledger. The starting dates for the Fiscal Calendars for each ledger should be discussed with your Online Advantage Implementation Consultant or […]

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Ledger Registers

March 22, 2013 Accounts Payable

New “Ledger Register” reports have been added to all the appropriate subsidiary ledgers through the system giving users the ability to “reprint” or regenerate any/all the EOM Register reports from the system as and when required. All the EOM register reports are now available on the reports menu of the appropriate module – all a […]

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Accounts Payable Payments and Bank Transfer System

November 1, 2011 Accounts Payable

This version sees the release of new browser based Payments system complete with Bank Transfer functions. The ability to pay suppliers by cheque or Electronic Funds Transfer (EFT) via a payment run and to produce the necessary reporting and associated documentation has all been included in the 8.1 release. Of particular interest is the ability […]

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