Orwiki: 1 revision imported

2020-08-22T00:35:14Z

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Orwiki: 1 revision imported

2017-10-05T02:22:17Z

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{{this}} is a [[t:GL|Subledger]] in which all credit purchases are recorded upon receipt of supplier [[t:Invoice|Invoices]]. In [[FAR|Financial Reporting]] {{this}} is the total amount due to suppliers for products or services purchased on credit. The {{this}} amount represents the unpaid portion of supplier invoices. Wages, taxes and notes payable are not included in {{this}}.

The primary document recorded in the {{this}} ledger is the supplier invoice. Credits received from suppliers [[t:CN|Credit Notes]] are also recorded in the {{this}} ledger.

A typical entry in {{this}} includes:
* [[t:PO]] number
* Invoice number
* Invoice date
* Invoice due date
* Supplier number or name
* Product or service item number, SKU or name
* Total amount
* Sales tax amount - if applicable
* Payment status
Alternative names for {{this}} include: Payables, Trade Payables, Trade and Other Payables.
{{Object
|name=Accounts Payable
}}
[[Category:Term]]
<ins>
[[Link::t:CSFP]]
[[Link::m:AE13]]
[[Link::m:AE131]]
[[Link::m:AE132]]
[[Link::m:AE133]]
[[Link::m:AE134]]
</ins>
[[Category:Supply Chain]][[Category:Finance]]

ORwiki: Text replacement - "Purchase Order" to "t:PO"

2017-03-10T16:43:04Z

Text replacement - "PO" to "Purchase Order"

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t:AP - Revision history

Orwiki: 1 revision imported

Orwiki: 1 revision imported

ORwiki: Text replacement - "Purchase Order" to "t:PO"