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Overview
The A/P Tab. Settings on this tab relate mostly to the Accounts Payable processes.
Field Descriptions
Aging Periods
| • | Number of Periods - Number of aging periods to appear on payables reporting. Up to five periods can be specified. The system automatically adds a final period that is all transactions older than the final period specified. |
| • | 1st Period - Maximum number of days old for an invoice to fall into this period. The calculated minimum is automatically zero. |
| • | 2nd Period - Maximum number of days old for an invoice to fall into this period. The calculated minimum is one day past 1st Period. |
| • | 3rd Period - Maximum number of days old for an invoice to fall into this period. The calculated minimum is one day past 2nd Period. |
| • | 4th Period - Maximum number of days old for an invoice to fall into this period. The calculated minimum is one day past 3rd Period. |
| • | 5th Period - Maximum number of days old for an invoice to fall into this period. The calculated minimum is one day past 4th Period. |
Default Credit Card Clearing Account
| • | Default Credit Card Clearing Account - The default account used when running credit card clearing utility. |
Default AP Account
| • | Default AP Account - Default AP account when none is specified. |
Credit Cards and Cash Basis
| • | Summarize Disbursements to Invoice Level for Cash Basis Conversion - When checked, the Disbursement numbers will be summarized to the same level as the Invoice when the Cash Basis Conversion tool is run. More on Cash Basis Conversions |
| • | Separate Credit Card Charges on Expense Sheet Import - When checked, credit card charges will appear as separate line items on the ER Journal entry made after the Expense Sheet Import is used in the Employee Reimbursables Journal. More on the ER Journal Toolbar options |
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