Accounts Payable

Accounts payable accounting is a sub-ledger from the financial accounting.

In accounts payable accounting, regular deliveries and services are recorded in a master record. Each delivery and each invoice receipt with reference is sent to a master number. This in turn is used for procurement, e.g. for Purchasing.

In SAP Business One, the requirements of accounts payable accounting are supported by specific functions that enable efficient processing and tracking.

Supplier master data

In SAP Business One, supplier information can be comprehensively integrated into the Business Partner Master Data are recorded and managed. This includes contact details, payment terms and tax information, which are essential for day-to-day business operations.

Reference numbers

In SAP Business One, you can assign unique references for each delivery or invoice receipt. These ensure a clear assignment between documents and facilitate tracking in the system.

Procurement support

SAP Business One offers an integrated module that covers the entire process from purchase requisition to goods receipt and invoice verification. The use of a master number ensures consistency and transparency throughout the entire process.

Automated account determination

G/L account determination makes it possible to assign postings directly to the correct accounts. You can define rules to ensure that all accounts payable postings are processed efficiently and without errors.