Fin.2.3.1.

Accounts Payable Invoice Process

Accounts Payable Journals InvoicesInvoice Journal Step 1: click Ctrl + Nin order to create a new journal, then fill the Lines as shown below Field Name Journal number Description Value APInv Will default Will default Comments

Step 2: Click on the Lines button in order to access the Lines form. Step 3: In the Lines form, the Account will add the details of the Transaction. Fill the Journal lines as shown below

Field Date Account Credit Invoice Offset account type

Value 05/01/2013 V-00086 210 8885 Ledger

Comments

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Field Offset account

Value 53000031 Media Expenses

Comments Main Account: Including the following Dimensions KW KW001 A072 AD01

Country Center Activity Sub Activity

Click Validate Click Post

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Fin.2.3.2. Accounts Payable Payment Process

Vendors Payment - Current Accounts Payable Journals Payments Payment Journal Step 1:When there is a direct settlement, it has to be recorded, where the Payment is settled against the appropriate Invoice. The Accountant will record the Payment on the system. In the Payment Journals form, click Ctrl + Nin order to create a new journal, then fill the Lines as shown below: Field Name Journal number Description Value KW-PV Will default Enter your Description Comments

Step 2: Click on the Lines button in order to access the Lines form.

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Step 3:In the Lines form, the Account will add the details of the Transaction. Fill the Journal lines as shown below

Field Date

Value Will default

Comments Todays date (This filed can be changed)

Account Debit Offset account

V-00066 407500 KW-009

Step 4: The Accountant will select the Invoices to be settled Click on the Functions button, and then select Settlement.

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Step 5: In the Settle Open Transactions form, select the transactions you want to settle against the Payment.

Click Validate Click Post

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