Accounts Payable

Before you set up the Inventory Control application, you need to have general knowledge about how the Accounts Payable and Inventory Control applications share information.

Pay groups

Pay groups are portions of your organization that you group together for payment processing. A pay group is made up of one general ledger posting company and any number of invoice companies and process levels. You must define at least one pay group.

Once you have set up Currency, General Ledger, and Cash Management, the next required prerequisite setup is Accounts Payable. This procedure provides a checklist of Accounts Payable setup tasks. For more information on Accounts Payable setup, see the Accounts Payable User Guide.