Other Features

Document Posting with Segment Splitting.

Displaying the Document Journal - The
document journal is created once every
month and contains all the document
postings for a particular posting period. The
document journal contains the most
important data from the document header
and document items.

Accounts Payable
Details
Master Data in Accounts Payable
Daily Accounting Transactions with
Accounts Payable
Integration with Material
Management
Closing in Accounts Payable

Accounts Payable Features

Records and manages accounting
for all vendors.
All postings are directly recorded in
the general ledger.
Integration of Purchasing and
Accounting via Invoice Verification.
Management of one-time accounts.
Online processing of payments.
Preliminary Posting and Tracking of
invoices

Business View Accounts Payable

Actual Postings

The Accounts payable component is used

for managing and supervising vendor
postings like payments and others.

The Accounts Payable application component

records and manages accounting data for all
vendors. It is also an integral part of the
purchasing system: Deliveries and invoices are
managed according to vendors. The system
automatically triggers postings in response to
the operative transactions.

Posting Vendor
Invoice

Posting Payment

Vendor Account in FI

Account Group for Vendors

Vendor Master Records

Company Code Data Configuration

Sending Company Code - The company

which the vendor you are paying knows
your company.
Paying Company Code The company
that is actually paying the invoices.
Tolerance Days for Payable no. of days
the company wants to set-up as grace
days. Due date plus grace day.
Outgoing Payment with Cash Discount
From - minimum % is set-up that would
allow SAP to avail the cash discount.

MM integration with AP

AP Invoice Verification

Short Description
It is the task of Invoice Verification to check the accuracy
of invoices received from vendors with respect to contents, prices,
and arithmetic. An important activity involves matching up invoices
with purchase orders or goods receipts.

Duplicate Invoice Error

AP Direct Posting Invoice

Credit memo leads to a debit posting on the vendor account. They

are used to correct the vendor invoice amount.

Vendor Line Item Display

AP Integration with CO

Element of Payment Transaction

 Check Lot Definition Assignment of

check number range for SAP

processing.
Void Reason Code Configuration
the set-up void reason code is used
by the user during check cancellation.

Accounts Payable Closing

Operation

Balance Confirmation