Accounts payable schedules bill payments to suppliers, and keeps accurate
information about owed money, due dates, and available discounts. It provides
functionality and integration to other areas such as customer service,
purchasing, inventory, and manufacturing control.
The software should support the following functionality:
AP municipal policies and procedures;
Suppliers/voucher master data; payment controls; invoice processing and aging
analysis;
Payment processing; journal voucher processing;
AP ledger posting;
Check processing;
AP transactions and controls; and
AP reporting.