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What are main business process of Accounts Payable>

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What are main business process of Accounts Payable>..

Answer / madhavi

Payables Business process overview:

Create Vouchers and payments process using manual and
automatic processes.
Country specific tax withholding
Matching the vouchers with the purchase orders and receipts
Post the vouchers
Maintain vouchers throughout their life cycle.
Create drafts, single voucher payment, prepayments, and
self-billed invoices.
Optionally, send electronic payments to PeopleSoft
Financial Gateway.
Analyze accounts payable information using online
inquiries, and by generating reports.
Archive accounts payable data.

Is This Answer Correct ?    23 Yes 4 No

What are main business process of Accounts Payable>..

Answer / bandisdevi

quick invoice entry,voucher entry,voucher build,control group
matching
budget check
voucher approval
voucher post
express pay cycle,pay cycle,manual payment
payment post

Is This Answer Correct ?    17 Yes 7 No

What are main business process of Accounts Payable>..

Answer / anu

voucher build
voucher post 
matching process
paycycle process
payment posting

Is This Answer Correct ?    3 Yes 2 No

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