Payables prerequisite setup

These tasks must be completed from a Payables role for contracts that require that Payables invoices are paid.

See the Payables User Guide for more on invoicing and payments.

Create invoices. Create the project in the distribution line with the payable amount.
Submit the invoice for approval.
If no approval is required, release the invoice.
Journalize the invoices.
Quick post the invoices.
At this point the Payables Paid status has a value of HOLD for billing. Transactions that are set to HOLD are not included on a project invoice until the payable invoice has been paid. Project transactions that have been paid must be processed for the transactions to be included on a project invoice.
See Viewing unbilled transactions to see Payables transactions in Project Ledger. The AP Paid column shows either Eligible for Billing or Hold for Billing.
Run Cash Requirements.
Run Payment Clearing File Creation or Electronic Payment Creation.
Run Payment Close.
Run Paid Invoice Project Update.
This process can be run at any time after paying invoices.
When Paid Invoice Project Update is run in update mode, the AP Paid status is changed from Hold for Billing to Eligible for Billing. The transactions are then ready to be invoiced in Project Ledger.