Accounts Payable > General Guidelines in AP Module Implementation

To set up the Accounts Payable (AP) module, perform the following steps:

1.Access the AP Module Setup function from the Maintenance menu to set up the general parameters and default settings to be used for the accounts payable transactions.

2.Access the corresponding Maintenance functions to set up records necessary in recording transactions in the AP module:

•Currency Code

•Currency Exchange Rate (if the multi-currency feature is activated)

•Bank Account

•Address Code

•Pay Code

•Vendor Code

Note: There are certain maintenance records which you must set up first because they are required values in other maintenance records; thus, set up the records in the order presented above.

3.Access the Post Vendor Beginning Balance function to record the beginning vendor balances. For more information, refer to the Post Vendor Beginning Balance section.

When you have performed the steps above, you can begin the normal cycle of creating and paying AP invoices and record other transactions in the Accounts Payable module.

General Guidelines in AP Module Implementation

General Guidelines in AP Module Implementation

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