Accounts Payable > Install Accounts Payable Module

This section discusses the procedures for installing the Accounts Payable (AP) module in AccountMate.

Important points to remember in the installation of the AP module:

1.Before installing the module, verify that your hardware and software resources meet the minimum system requirements.

2.Activate the module.

3.Be sure to install the license file.

4.Set up the live company.

5.Set up the group and user access rights.

6.Set up the fiscal period table.

AP Module as an Integrated Module

If the General Ledger module is activated in the system, it must be the first module you set up in AccountMate. The system does not allow you to set up any other module until after you have completed the following steps:

1.Set up GL module parameters within which you can utilize the GL module using the GL Module Setup function.

2.Create your company's Chart of Accounts and set up all the GL account IDs that will be used in the Accounts Payable module.

3.Assign specific GL account IDs that will become the default accounts used in various AP related transactions using the GL Account Selection function. GL account IDs for the following accounts must be set up:

•Prepayment

•Deferred Expense

•Accounts Payable

•Credit Card Clearing

•AP Payment Discount

•AP Payment Adjustment

•Suspense

•Nonpayment

•General Expense

•Interest Expense

•Realized Exchange Gain/Loss

•Unrealized Exchange Gain/Loss

After performing the steps above, you can proceed to set up the AP module. Once you have set up the Accounts Payable (AP) module, it is automatically integrated with the GL module. Integrated modules can transfer or post GL account transactions to GL in any period of the future, current and prior fiscal year, except for restricted posting periods.

Install Accounts Payable Module

Install Accounts Payable Module

See Also