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Oracle PeopleSoft Enterprise Financial Management 9.1 Implementation
book

Oracle PeopleSoft Enterprise Financial Management 9.1 Implementation

by Ranjeet Yadav
June 2011
Beginner to intermediate
412 pages
9h 28m
English
Packt Publishing
Content preview from Oracle PeopleSoft Enterprise Financial Management 9.1 Implementation

Chapter 6. PeopleSoft Accounts Payable Module

PeopleSoft Accounts Payable module is one of the critical modules in the 'Procure to Pay' business process. In accounting terms, accounts payable means the amount that we are liable to pay to others. Usually, it is the next piece of the procurement activities after the PeopleSoft Purchasing module. A typical organization purchases a large number of goods and services from many vendors. Handling payments for these purchases in a timely manner is a critical task for the organizations. Accounts Payable (or AP as it is commonly known) module records invoices sent by vendors and tracks them to see when the payments for them are becoming due. It then issues the payments for eligible vendor invoices at the ...

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Publisher Resources

ISBN: 9781849681469Other