ACCOUNTS PAYABLE

Accounts payable is a liability for businesses. This makes it very important to manage effectively and responsibly, as doing so helps maintain confidence in your ability to pay your debts. Plus, it’s a respectful thing to do for your creditors.

Some of the most basic and essential steps considered for a typical AP process are:

Does the invoice reflect exactly what the company ordered?

Has the company actually received the goods or services billed?

Are the unit costs and calculations correct? What about tax?

Getting these details right will help ensure the accuracy and integrity of your accounts payable process.

Our Accounts Payable Process Overview

• Posting PO and non PO invoices in the AP tool
• Handling supplier disputes on the payments by emails
• Payment check run
• Agent commission payments
• Netting process on the Intercompany accounts
• RNV reconciliation
• Employee Receivables reconciliation
• Intercompany payables reconciliation
• Vendor master creation