AP Overview
Learn how Metaprise helps with accounts payable automation.
Overview
Accounts Payable (AP) are the funds that your organization owes individuals or businesses that supply goods or services. The core AP objects are Vendor and Bill.
- Bill - represents products and/or services sold by a Vendor to your Organization. In adding to creating bills, you can attach bill images or related documents.
- Vendor - represents an individual or company that sells goods or services to your Organization.
- Account - what businesses use to track transactions.
Business rules
- Creates a new vendor.
- Creates a bill linked to the vendor for product and service items purchased from them.
- Pick up the account or create new account.
- Creates a bill payment and applies the payment towards the original bill.
Updated about 1 month ago