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ACCPAC INTERNATIONAL
apGS-ttl.doc, printed on 09/13/2004, at 3:01 PM. Last saved on 09/13/2004 3:01 PM.
Use of the software programs described herein and this documentation is subject to the
ACCPAC International License Agreement enclosed in the software package.
ACCPAC and the ACCPAC logo are either registered trademarks or trademarks of ACCPAC
International, Inc. or its affiliates in the United States and/or other countries. All other marks
are trademarks or registered trademarks of their respective companies.
ACCPAC INTERNATIONAL
Formatted Object EULA (Dec-13-02).doc, printed on 01/02/2003, at 8:45 AM. Last saved on
01/02/2003 8:44 AM.
THIS END USER LICENSE AGREEMENT APPLIES TO THESE ACCPAC SOFTWARE PRODUCTS:
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ACCPAC Advantage Series™ Simply Accounting® BitWare®
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ACCPAC Exchange™ ACCPAC Pro Series™ Simply BitWare®
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ACCPAC Options™ Small Business Edition FAXserve™
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ACCPAC Warehouse ACCPAC VisionPoint® Simply BitFax™
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Management System™ SBA Edition ACCPAC Messenger™
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z ACCPAC Plus™ Simply Messenger™
BPI Accounting II™ z
ACCPAC ePOS™
IMPORTANT — READ CAREFULLY BEFORE YOU INSTALL OR USE THIS SOFTWARE: This End User License Agreement
(“EULA”) is a legal agreement between You (“You” and “Your” includes a person and/or an individual entity) and ACCPAC
International, Inc. (“ACCPAC”) concerning the specified evaluation, demonstration and/or retail software products(s) (hereinafter
respectively referred to as “Evaluation Product,” “Demonstration Product” and “Retail Product”; and collectively referred to as
“Software”). The Software includes all component parts, the associated media, any printed materials, any updates, and any “online”
or electronic documentation, as applicable. By accessing, installing, copying or otherwise using the Software, You agree to be bound
by the terms of this EULA. If You do not agree to the terms of this EULA, ACCPAC is unwilling to license the Software to You. In
such event, You may not access, use or copy the Software, and You should promptly contact ACCPAC for instructions on returning
the Software. WRITTEN ASSENT IS NOT A PREREQUISITE TO THE VALIDITY OR ENFORCEABILITY OF THIS EULA.
___________________________________________________________________________________________________________________________________
1. License.
a. License Grant.
(i) Retail Product. If You licensed a Retail Product, subject to the payment of all applicable license fees, and the terms
and conditions of this EULA, ACCPAC hereby grants to You a limited, non-sublicensable, non-exclusive, non-transferable right to
install and run one copy of the specified version of the Software and the accompanying documentation, solely for Your individual use.
This EULA authorizes You to make one copy of the Retail Product solely for backup or archival purposes, provided that the copy You
make contains all of the proprietary notices set forth in or on the original version of the Software.
(ii) Demonstration Product. If You licensed a Demonstration Product, subject to the payment of all applicable license
fees, and the terms and conditions of this EULA, ACCPAC hereby grants to You a limited, non-sublicensable, non-exclusive, non-
transferable and revocable right to install and run copies of the Demonstration Product and the accompanying documentation, solely
on computer(s) owned or controlled exclusively by You, for Your individual use and for demonstration, marketing, promotional, end
user support, training and/or development purposes, each to the extent permitted and/or required under the applicable ACCPAC
Solution Provider, Certified Consultant, Development Partner, Professional Accountant Recommender, Online Referral Partner,
Hosting Partner, Recognized Training Center, Distribution Agreement or other applicable agreements between You and ACCPAC
(collectively the “Other ACCPAC Agreement”). Use of the Demonstration Product is limited to not more than the number of
concurrent users and/or seats as specified in the Other ACCPAC Agreement, multi-user license, product packaging or accompanying
documentation. This EULA authorizes You to make one copy of the Demonstration Product solely for backup or archival purposes,
provided that the copy You make contains all of the proprietary notices set forth in or on the original version of the Software. You may
have additional rights as may be set forth in the applicable Other ACCPAC Agreement.
(iii) Evaluation Products. If You licensed an Evaluation Product, subject to the terms and conditions of this EULA,
ACCPAC hereby grants to You a limited, non-sublicensable, non-exclusive, non-transferable and revocable right to install and run
one copy of the Evaluation Product and the accompanying documentation, solely for Your individual use for evaluation purposes.
(iv) All Software. Upon receipt of the appropriate Software registration information, ACCPAC will provide You an
alphanumeric key (the “Activation Code” or “PAC Code”) to enable You to use the Software pursuant to the terms of this EULA.
Documentation shall include, but not be limited to, any printed materials, “online” or electronic data provided by or obtained from
ACCPAC with regard to this Software (“Documentation”). The Software and Documentation are licensed, not sold. Even though
copies of the Software may be provided on media of different formats, copies of the Software on different media formats do not
constitute multiple licenses to the Software. If the Software is licensed as a suite or bundle with more than one specified Software
product, this EULA applies to all such specified Software products, subject to any restrictions or usage terms specified on the
applicable product packaging or accompanying documentation that applies to any of such Software products individually.
b. Single-User. If this Software is licensed as a single user product, You may use only one copy of the Software, by not
more than one user at a time, on a total of one computer or workstation, or personal digital assistant, or pager, or “smart phone,” or
one such other electronic device for which the Software was designed (“Client Device”), unless otherwise set forth herein. The
component parts of the Software may not be used individually or jointly in full or in part on more than one Client Device, unless
otherwise set forth herein. The Software is “in use” on a computer when it is loaded into the temporary memory (i.e., random-access
memory or RAM) of that Client Device.
c. Multi-User. If the Software is licensed with multi-user or networked license terms, You may use the Software on one
server computer, or a greater number as specified in the applicable multi-user license, product packaging or accompanying
documentation, within a multi-user or networked environment for connecting, directly or indirectly, to not more than the maximum
number of Client Devices, concurrent users and/or seats, as specified in the applicable multi-user license, product packaging or
accompanying documentation. Use of software, hardware or services that bypass any Software license restrictions and/or reduce the
number of Client Devices, concurrent users and/or seats, as may be applicable, accessing or utilizing the Software (e.g.,
“multiplexing,” “pooling,” or third party add on software or hardware) expressly does not reduce the number of licenses required (i.e.,
the required number of licenses would equal the number of distinct inputs to the multiplexing or pooling software or hardware “front
end”). If the number of Client Devices, concurrent users and/or seats that can potentially connect to the Software exceeds or has the
potential to exceed the number of licenses You have obtained, then You must have a reasonable self-enforcing automatic
mechanism in place to ensure that Your use of the Software does not exceed the use limits specified for the license You have
obtained.
2. Term. Regardless of the location of the Software, You are responsible for strict compliance with any and all of the terms and
conditions of this EULA. This EULA will terminate automatically if You fail to comply with any of the limitations or other requirements
described herein, and such termination shall be in addition to and not in lieu of any criminal, civil or other remedies available to
ACCPAC. When this EULA terminates, You must immediately cease using the Software and destroy all copies of the Software and
the Documentation. You may terminate this EULA at any point by destroying all copies of the Software and the Documentation.
a. Retail Product. If You licensed a Retail Product, this EULA is effective unless and until You or ACCPAC terminates the
EULA earlier, in accordance with the terms set forth herein.
b. Demonstration Product. If You licensed a Demonstration Product, this EULA is effective unless and until You or
ACCPAC terminates the EULA earlier, in accordance with the terms set forth herein or the terms set forth in Your Other ACCPAC
Agreement or upon the earlier termination or expiration of Your Other ACCPAC Agreement.
c. Evaluation Product. If You licensed an Evaluation Product, this EULA is effective for a period commencing on the earliest
date this Evaluation Software is downloaded, installed or first run and thereafter continuing for the period specified in the product
packaging or accompanying documentation, unless sooner terminated by You or ACCPAC in accordance with the terms set forth
herein, but in no event shall such term exceed one hundred and eighty (180) days.
3. Updates. ACCPAC may, at its sole discretion, make bug fixes, updates and/or service packs available. ACCPAC’s
maintenance service, if applicable and offered, is available for Retail Product at an additional cost to You, as Licensee, under a
separate written agreement. ACCPAC’s maintenance service is not available for Evaluation Product.
4. Ownership Rights.
a. Ownership of Software. The Software and Documentation are protected by United States patent, copyright laws and
other intellectual property laws, and international treaty provisions. ACCPAC and its third party licensors, if any, retain all title to and,
except as expressly and unambiguously licensed herein, all rights and interest in (a) the Software, including, but not limited to, all
copies, versions, customizations, compilations and derivative works thereof (by whomever produced) and all related Documentation;
(b) the ACCPAC trademarks, service marks, trade names, icons and logos; (c) any and all copyright rights, patent rights, trade secret
rights and other intellectual property and proprietary rights throughout the world in the foregoing; and (d) all Confidential Information
(as defined in Section 14 below). You acknowledge that Your possession, installation, or use of the Software does not transfer to You
any ownership, title, or registrable interest of any kind to the intellectual property in the Software, and that You will not acquire any
rights to the Software except as expressly set forth in this EULA. You agree that all backup, archival, or any other type of copies of
the Software and Documentation will contain the same proprietary notices that appear on and in the Software and Documentation.
b. Submissions. Should You decide to submit any materials to ACCPAC via electronic mail, through or to ACCPAC
website(s), or otherwise, whether as feedback, data, questions, comments, ideas, concepts, techniques, suggestions or the like, You
agree that such submissions are unrestricted and shall be deemed non-confidential upon submission. You grant to ACCPAC and its
assigns a non-exclusive, royalty-free, worldwide, perpetual, irrevocable license, with the right to sublicense, to use, copy, transmit,
distribute, create derivative works of, commercialize, display and perform such submissions.
5. Restrictions. You may not rent, lease, sublicense, loan, sell, distribute, market or commercialize any portion of the Software or
its components. You may only install and use the Software on hardware which is (a) under Your exclusive control and (b) in the case
of hardware performing any server functions, located at premises where You normally conduct day-to-day business operations.
Notwithstanding the foregoing, if the Software is hosted under the auspices of an authorized ACCPAC Hosting Partner, it may be
installed on server hardware located at premises under the exclusive or primary control of such Hosting Partner or its agent. You
may not permit any parent, affiliate, subsidiary or any other third parties to benefit from the use or functionality of the Software, either
directly or via a facility management, timesharing, service bureau or any other arrangement; provided, however, that You may use the
Software, as provided herein, to process the data of an affiliate or subsidiary of which You own more than fifty percent (50%);
provided, however, You may not exceed the number of datasets specified on the applicable product packaging or accompanying
documentation. You may not use the Software as part of a facility management, timesharing, or service bureau arrangement. You
may not transfer any or all of the rights granted to You under this EULA. To the maximum extent this restriction is permitted under
applicable law, You may not rename files of, modify, translate, localize, decompile, disassemble, decrypt, reverse engineer, attempt
to derive source code from, remove any proprietary notices from, or create derivative works based upon the Software, in whole or in
part. You may not duplicate or copy any portion of the Software or Documentation, unless otherwise set forth herein. You may not
remove any proprietary notices or labels on the Software, including, but not limited to, the ACCPAC and product names wherever
they may appear. All rights not expressly set forth hereunder are reserved by ACCPAC. ACCPAC reserves the right to periodically
conduct audits upon advance written notice to verify compliance with the terms of this EULA.
6. Warranty and Disclaimer.
a. Limited Warranty. ACCPAC warrants that for ninety (90) days from the date of original purchase the media on which the
Software is contained will be free from defects in materials and workmanship.
b. Customer Remedies. ACCPAC’s entire liability and Your exclusive remedy shall be replacement of the defective media.
To receive replacement of defective media, You must receive a return authorization number from ACCPAC and return the defective
media to ACCPAC at Your expense with a copy of Your receipt. This limited warranty is void if the defect has resulted from accident,
abuse, or misapplication. Any replacement media will be warranted for the remainder of the original warranty period. This remedy is
not available to the extent it is prohibited under United States export control laws and regulations.
c. Warranty Disclaimer. TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, AND EXCEPT FOR THE
LIMITED WARRANTY SET FORTH HEREIN, THE SOFTWARE (AND ACCOMPANYING DOCUMENTATION) IS PROVIDED ON
AN “AS IS” BASIS WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED. WITHOUT LIMITING THE FOREGOING
PROVISIONS, YOU ASSUME SOLE RESPONSIBILITY FOR SELECTING THE SOFTWARE TO ACHIEVE YOUR INTENDED
RESULTS, AND SOLE RESPONSIBILITY FOR THE INSTALLATION OF, USE OF, AND RESULTS OBTAINED FROM THE
SOFTWARE. WITHOUT LIMITING THE FOREGOING PROVISIONS, ACCPAC MAKES NO WARRANTY THAT THE SOFTWARE
WILL BE ERROR-FREE, VIRUS FREE, OR FREE FROM INTERRUPTIONS OR OTHER FAILURES OR THAT THE SOFTWARE
WILL SATISFY YOUR SPECIFIC REQUIREMENTS. TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW,
ACCPAC DISCLAIMS ALL WARRANTIES AND CONDITIONS, EITHER EXPRESS, IMPLIED, OR STATUTORY, INCLUDING
BUT NOT LIMITED TO ANY (IF ANY) IMPLIED WARRANTIES OR CONDITIONS OF MERCHANTABILITY, OF FITNESS FOR A
PARTICULAR PURPOSE, OF LACK OF VIRUSES, OF LACK OF ACCURACY OR COMPLETENESS OF RESPONSES, OF
RESULTS, AND LACK OF NEGLIGENCE OR LACK OF WORKMANLIKE EFFORT, ALL WITH REGARD TO THE SOFTWARE
AND ASSOCIATED DOCUMENTATION. THERE IS NO WARRANTY OR CONDITION OF TITLE, QUIET ENJOYMENT, QUIET
POSSESSION, CORRESPONDENCE TO DESCRIPTION, OR NON-INFRINGEMENT WITH REGARD TO THE SOFTWARE. THE
ENTIRE RISK OF THE QUALITY OF OR ARISING OUT OF USE OR PERFORMANCE OF THE SOFTWARE, IF ANY, REMAINS
SOLELY WITH YOU. SOME STATES AND JURISDICTIONS DO NOT ALLOW LIMITATIONS ON IMPLIED WARRANTIES, SO
THE ABOVE LIMITATION MAY NOT APPLY TO YOU. THE FOREGOING PROVISIONS SHALL BE ENFORCEABLE TO THE
MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW.
d. Indemnification. You agree to defend, indemnify and hold harmless ACCPAC and its directors, officers, employees,
affiliates, sublicensees, and agents from and against all claims, defense costs (including reasonable expert and attorneys’ fees),
judgments and other expenses arising out of or on account of any negligent act, omission, or willful misconduct by You or on Your
behalf in (i) the installation or use of the Software or (ii) your compliance or failure to comply with this EULA.
e. Data. YOU ACKNOWLEDGE THAT ANY DATA ENTRY, CONVERSION OR STORAGE IS SUBJECT TO THE
LIKELIHOOD OF HUMAN AND MACHINE ERRORS, MALICIOUS MANIPULATION, OMISSIONS, DELAYS, AND LOSSES,
INCLUDING, BUT NOT LIMITED TO, INADVERTENT LOSS OF DATA OR DAMAGE TO MEDIA THAT MAY RESULT IN LOSS
OR DAMAGE TO YOU AND/OR YOUR PROPERTY, AND/OR YOUR DETRIMENTAL RELIANCE ON MALICIOUSLY
MANIPULATED DATA. ACCPAC SHALL NOT BE LIABLE FOR ANY SUCH ERRORS, OMISSIONS, DELAYS, OR LOSSES.
YOU ARE RESPONSIBLE FOR ADOPTING REASONABLE MEASURES TO LIMIT THE IMPACT OF SUCH PROBLEMS,
INCLUDING BACKING UP DATA, ADOPTING PROCEDURES TO ENSURE THE ACCURACY OF INPUT DATA, EXAMINING
AND CONFIRMING RESULTS PRIOR TO USE, ADOPTING PROCEDURES TO IDENTIFY AND CORRECT ERRORS AND
OMISSIONS, REPLACING LOST OR DAMAGED MEDIA, AND RECONSTRUCTING DATA. YOU ARE ALSO RESPONSIBLE
FOR COMPLYING WITH ALL LOCAL, STATE, AND FEDERAL LAWS PERTAINING TO THE USE AND DISCLOSURE OF ANY
DATA. IF YOU LICENSED AN EVALUATION PRODUCT, YOU ACKNOWLEDGE AND UNDERSTAND (I) THAT THE
EVALUATION PRODUCT MAY BE USED FOR EVALUATION PURPOSES ONLY, (II) THAT THE EVALUATION PRODUCT
SHALL BE OPERABLE ONLY FOR A LIMITED TIME AND (III) THAT, UPON EXPIRATION OF THE EVALUATION PERIOD, ANY
DATA OR OTHER INFORMATION USED WITH, PROCESSED BY AND/OR STORED IN CONJUNCTION WITH THE
EVALUATION PRODUCT MAY BE IRRETRIEVABLE, UNRECOVERABLE AND/OR OTHERWISE UNUSABLE.
f. Authorized ACCPAC Solution Providers and Certified Consultants. ANY AUTHORIZED ACCPAC SOLUTION
PROVIDER, CERTIFIED CONSULTANT, RESELLER, INSTALLER OR CONSULTANT IS NOT AFFILIATED WITH ACCPAC IN
ANY CAPACITY OTHER THAN AS A RESELLER, INSTALLER OR CONSULTANT OF ACCPAC’S PRODUCTS AND HAS NO
AUTHORITY TO BIND ACCPAC OR MODIFY ANY LICENSE OR WARRANTY. ACCPAC MAKES NO REPRESENTATIONS,
WARRANTY, ENDORSEMENT OR GUARANTEE WITH RESPECT TO THE SKILLS OR QUALIFICATIONS OF ANY
AUTHORIZED ACCPAC SOLUTION PROVIDER, CERTIFIED CONSULTANT, RESELLER, INSTALLER OR CONSULTANT AND
YOU ARE ENCOURAGED TO INDEPENDENTLY INVESTIGATE THE SKILLS AND QUALIFICATIONS OF ANY AUTHORIZED
ACCPAC SOLUTION PROVIDER, CERTIFIED CONSULTANT, RESELLER, INSTALLER OR CONSULTANT WITH WHOM YOU
ASSOCIATE.
7. Limitation of Liability. UNDER NO CIRCUMSTANCES AND UNDER NO LEGAL THEORY, WHETHER IN TORT,
CONTRACT, OR OTHERWISE, SHALL ACCPAC BE LIABLE TO YOU OR TO ANY OTHER PERSON OR ENTITY FOR ANY
INDIRECT, SPECIAL, INCIDENTAL, OR CONSEQUENTIAL DAMAGES OF ANY CHARACTER WHATSOEVER (INCLUDING,
WITHOUT LIMITATION, DAMAGES FOR LOSS OF PROFITS, LOSS OF GOODWILL, LOSS OF CONFIDENTIAL OR OTHER
INFORMATION, FOR BUSINESS INTERRUPTION, WORK STOPPAGE, COMPUTER FAILURE OR MALFUNCTION, FOR
PERSONAL INJURY, LOSS OF PRIVACY, FOR FAILURE TO MEET ANY DUTY INCLUDING A DUTY OF GOOD FAITH OR OF
REASONABLE CARE, FOR NEGLIGENCE (WHETHER ACTIVE OR PASSIVE), AND FOR ANY OTHER PECUNIARY OR
OTHER LOSS WHATSOEVER) ARISING OUT OF OR IN ANY WAY RELATED TO THE USE OR INABILITY TO USE THE
SOFTWARE, OR OTHERWISE UNDER OR IN CONNECTION WITH ANY PROVISION OF THIS EULA, EVEN IN THE EVENT OF
FAULT, TORT (INCLUDING NEGLIGENCE, AND GROSS NEGLIGENCE), STRICT LIABILITY, BREACH OF CONTRACT, OR
BREACH OF WARRANTY BY ACCPAC, AND EVEN IF ACCPAC HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH
DAMAGES. IN NO EVENT WILL ACCPAC BE LIABLE FOR ANY DAMAGES IN EXCESS OF THE LIST PRICE ACCPAC
CHARGES FOR A LICENSE TO THE SOFTWARE. THIS LIMITATION OF LIABILITY SHALL NOT APPLY TO LIABILITY FOR
DEATH OR PERSONAL INJURY TO THE EXTENT THAT APPLICABLE LAW PROHIBITS SUCH LIMITATION.
FURTHERMORE, SOME STATES AND JURISDICTIONS DO NOT ALLOW THE EXCLUSION OR LIMITATION OF INCIDENTAL
OR CONSEQUENTIAL DAMAGES, SO THIS LIMITATION AND EXCLUSION MAY NOT APPLY TO YOU. THE FOREGOING
PROVISIONS SHALL BE ENFORCEABLE TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW.
8. Entire Agreement. This EULA expressly supersedes and completely replaces any and all prior end user license agreements.
ACCPAC shall not be bound by or liable to You for any pre-existing or contemporaneous written or oral representations or warranties,
made by anyone, with respect to the Software Product, including any authorized Solution Provider, Certified Consultant, distributor or
reseller or their respective agents, employees, or representatives, nor shall You be deemed a third party beneficiary of any obligations
of ACCPAC to any such Solution Provider, Certified Consultant, distributor or reseller.
9. Attorneys’ Fees. If any party employs attorneys to enforce any rights arising out of or relating to this EULA, the prevailing party
shall be entitled to recover its reasonable attorneys’ fees, costs, and other expenses.
10. Severability. If any provision of this EULA is held to be unenforceable, the enforceability of the remaining provisions shall in no
way be affected or impaired thereby.
11. United States Government. The Software and accompanying Documentation are deemed to be “commercial computer
software” and “commercial computer software documentation,” respectively, pursuant to DFAR Section 227.7202 and FAR Section
12.212, as applicable. Any use, modification, reproduction, release, performance, display or disclosure of the Software and
accompanying Documentation by the United States Government shall be governed solely by the terms of this EULA and shall be
prohibited except to the extent expressly permitted by the terms of this EULA.
12. Export Controls. You acknowledge that the Software may be subject to export controls imposed by U.S. laws and regulations.
During the term of this EULA, You agree to comply with the U.S. Foreign Corrupt Practices Act and with all export laws and
restrictions and regulations of the United States Department of Commerce or other United States or foreign agency or authority, and
not to knowingly export, re-export, download, or allow the export, re-export or downloading of the Software or Documentation and any
underlying information or technology in violation of any such restrictions, laws or regulations, to Afghanistan, Cuba, Iran, Iraq, Libya,
North Korea or to any Group D:1 or E:2 country (or to any national of such countries), specified in the then current Supplement No. 1
to Part 740, or in violation of the embargo provisions in Part 746 of the U.S. Export Administration Regulations (or any successor
regulations or supplement), except in compliance with all licenses and approvals required under applicable export laws and
regulations, including, without limitation, those of the United States Department of Commerce. By accessing, installing, downloading
or using the Software You are agreeing to the foregoing and You are certifying that You are not located in, under the control of, or a
national or resident of any such country or on any such list.
EXPORT OF THE SOFTWARE MAY BE SUBJECT TO COMPLIANCE WITH THE RULES AND REGULATIONS PROMULGATED
FROM TIME TO TIME BY THE BUREAU OF EXPORT ADMINISTRATION, UNITED STATES DEPARTMENT OF COMMERCE,
WHICH RESTRICT THE EXPORT AND RE-EXPORT OF CERTAIN PRODUCTS AND TECHNICAL DATA. YOU ACKNOWLEDGE
AND AGREE THAT IF THE EXPORT OF THE SOFTWARE IS CONTROLLED UNDER SUCH RULES AND REGULATIONS, THEN
YOU SHALL NOT CAUSE THE SOFTWARE TO BE EXPORTED OR RE-EXPORTED, DIRECTLY OR INDIRECTLY, (A) WITHOUT
ALL EXPORT OR RE-EXPORT LICENSES AND UNITED STATES OR OTHER GOVERNMENTAL APPROVALS REQUIRED BY
ANY APPLICABLE LAWS, OR (B) IN VIOLATION OF ANY APPLICABLE PROHIBITION AGAINST THE EXPORT OR RE-EXPORT
OF ANY PART OF THE SOFTWARE. SOME COUNTRIES HAVE RESTRICTIONS ON THE USE OF ENCRYPTION WITHIN
THEIR BORDERS, OR THE IMPORT OR EXPORT OF ENCRYPTION EVEN IF FOR ONLY TEMPORARY PERSONAL OR
BUSINESS USE. YOU ACKNOWLEDGE THAT THE IMPLEMENTATION AND ENFORCEMENT OF THESE LAWS IS NOT
ALWAYS CONSISTENT AS TO SPECIFIC COUNTRIES. YOU ACKNOWLEDGE THAT IT IS YOUR ULTIMATE RESPONSIBILITY
TO COMPLY WITH ANY AND ALL GOVERNMENT EXPORT AND OTHER APPLICABLE LAWS AND THAT ACCPAC HAS NO
FURTHER RESPONSIBILITY AFTER THE INITIAL LICENSE TO YOU WITHIN THE ORIGINAL COUNTRY OF LICENSE.
13. High Risk Activities. The Software is not fault-tolerant and is not designed or intended for use in hazardous environments
requiring fail-safe performance, including without limitation, in the operation of nuclear facilities, aircraft navigation or communication
systems, air traffic control, weapons systems, direct life-support machines, or any other application in which the failure of the Software
could lead directly to death, personal injury, or severe physical or property damage (collectively, “High Risk Activities”). ACCPAC
expressly disclaims any express or implied warranty of fitness for High Risk Activities.
14. Confidentiality. You agree that the Software, including, but not limited to, all source and object code components, screen shots
and displays, graphical user interfaces, algorithms, formulae, data structures, scripts, application programming interfaces and
protocols, and the Documentation (collectively the “Confidential Information”) are trade secrets of ACCPAC and are owned by
ACCPAC or, where applicable, its third-party licensors. You agree to retain all Confidential Information in strict confidence at least
with the same amount of diligence that You exercise in preserving the secrecy of Your most-valuable information, but in no event less
than reasonable diligence. You agree to: (i) only disclose Confidential Information to Your employees and agents to the extent
required to use the Software under the terms of this EULA and not to disclose or disseminate the Confidential Information to any third
party without the prior written consent of ACCPAC, (ii) use the Confidential Information solely for Your benefit as provided for herein
and not to allow any third party to benefit from the Confidential Information, and (iii) bind Your employees and agents, by terms no
less restrictive than those set forth herein, to maintain the confidentiality of such Confidential Information, and not use or disclose
such information except as permitted under this EULA. Notwithstanding the disclosure of any Confidential Information for any reason,
such Confidential Information shall continue to be owned by ACCPAC or its licensors. Nothing contained herein shall be deemed to
prevent You from disclosing or disseminating Your data, in any format or any report, to whomever You so choose. Notwithstanding
anything else to the contrary in this Section 14, and only with respect to Demonstration Product, You are permitted to use the
Demonstration Product to demonstrate and promote the functionality and benefits of the Product.
15. Miscellaneous. This EULA is exclusively governed by the laws of the United States and the State of California, without
reference to conflicts of law principles. In the event of a dispute or legal action between the parties, they agree to waive any
objections to personal jurisdiction, and agree to service of process and exclusive venue in the Federal District Court for Northern
California or the California Superior Court of Alameda County. The application of the United Nations Convention of Contracts for the
International Sale of Goods is expressly excluded. This EULA sets forth all of Your rights and is the entire agreement between the
parties. This EULA supersedes any other communications with respect to the Software and/or Documentation. This EULA may not
be modified except by a written addendum issued by a duly authorized representative of ACCPAC. No provision hereof shall be
deemed waived unless such waiver shall be in writing and signed by a duly authorized representative of ACCPAC. You hereby
acknowledge a breach of this EULA would cause irreparable harm and significant injury to ACCPAC that may be difficult to ascertain
and that a remedy at law would be inadequate. You agree that ACCPAC shall have the right to seek and obtain immediate injunctive
relief to enforce the obligations under this EULA in addition to any other rights and remedies it may have. If any provision of this
EULA is held invalid, the remainder of this EULA shall continue in full force and effect. The controlling language of this EULA is
English. If You have received a translation into another language, it has been provided for Your convenience only.
16. ACCPAC Customer Contact. If You have any questions concerning these terms and conditions, or if You would like to contact
ACCPAC for any other reason, please call (925) 461-2625, or write to us at: ACCPAC International, Inc., 6700 Koll Center Parkway,
Third Floor, Pleasanton, California 94566, USA. You may also find us on the Web at http://www.accpac.com or
http://www.accpaconline.com.
1. General. These terms and conditions (the “Terms and installing, using or accepting delivery of the Materials, you
Conditions”), the invoice, statement, or notice (“Invoice”), and agree to be bound by the EULAs and this Agreement. Unless
the end user license agreement (the “EULA”) for the otherwise indicated in the Invoice, all amounts set forth
Software, as defined below, constitute the entire agreement therein are exclusive of taxes, insurance, and shipping and
(the “Agreement”) between the ACCPAC entity identified in handling charges and you are responsible for payment
the Invoice (“ACCPAC,” “we,” “us,” or “our”) and the buyer thereof.
identified in the “Bill To” section of the Invoice (“you” or “your”) To resume your subscription to any
5. Lapse.
regarding your purchase of SupportPlus. The “Software”
SupportPlus Plan (Software Assurance, Standard or Premier)
refers the to ACCPAC software product(s) for which you have after a lapse, you must purchase a minimum of one (1) full
purchased SupportPlus. This Agreement supersedes all prior
year of service and pay a reinstatement fee of twenty percent
and contemporaneous agreements and may be amended (20%) of the then-current Fee for each month of lapsed
only by a writing signed by ACCPAC.
coverage.
2. SupportPlus Plans and À La Carte Options. Subject 6. Term and Termination. Subject to your payment of all
to your payment of all applicable fees set forth in the Invoice
Fees, the term of the Agreement starts on the date indicated
(the “Fees”), you will receive the SupportPlus Plan (Software in the Invoice and shall continue in effect for a one-year
Assurance, Standard or Premier) or à La Carte option (Tech-
period or such other period expressly set forth in the Invoice
Support OnDemand or Payroll Update Plan) you purchased. (“Initial Term”). Subject to your payment of the renewal and
The upgrades, service packs, payroll tax updates, technical
other Fees, this Agreement shall renew for successive one-
telephone support, and/or other benefits included with the year terms or such other period as expressly set forth in the
SupportPlus Plan or à La Carte option you purchased are set
Invoice (each a “Renewal Term”). The Agreement shall
forth at www.accpac.com/supportplus (the “SupportPlus terminate upon (a) your failure to timely pay any renewal or
Website”). The SupportPlus Plans and à La Carte options
other Fees, as specifically set forth in any Invoice; (b) your
may be amended or modified from time to time by ACCPAC, delivery of a written notice of termination to ACCPAC,
within its sole discretion, upon thirty (30) days notice via
provided that you are not in breach of any terms of the
posting at the SupportPlus Website or other written notice Agreement; or (c) your breach of the Agreement and failure to
given by ACCPAC. Certain SupportPlus Plans and à La
cure such breach within 30 days after written notice thereof
Carte options may not be available in some countries. by ACCPAC, provided that ACCPAC hereby reserves all
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Apgs-TOC.doc, printed on 09/14/2004, at 12:25 PM. Last saved on 09/14/2004 12:25 PM.
Contents
Chapter 4: Tutorial
Before You Begin............................................................... 4–2
Sample Company .............................................................. 4–3
Features of the Tutorial Lessons ................................................. 4–3
Starting the Sample Data........................................................ 4–4
Lesson 1: Enter an Invoice ...................................................... 4–6
Open the Invoice Entry Form ................................................ 4–7
Create a New Batch ........................................................ 4–8
Use the Finder to Look Up Vendor Numbers .................................. 4–9
Add Invoice Header Information ........................................... 4–10
Distribute Invoice Amounts ................................................ 4–13
Enter and Distribute Invoice Tax Information ................................ 4–16
Changing the Payment Terms .............................................. 4–18
Use Optional Fields........................................................ 4–19
Edit Exchange Rates ....................................................... 4–20
Check Invoice Totals ....................................................... 4–21
Add the Invoice ........................................................... 4–22
Enter Prepayments with Invoices ........................................... 4–22
Lesson 2: Edit an Invoice to Add a Payment Schedule ............................ 4–25
Lesson 3: Add a Credit Note ................................................... 4–28
Enter Batch and Document Information for the Credit Note ................... 4–29
Lesson 4: Print and Post an Invoice Batch ....................................... 4–32
Print a Batch Listing ....................................................... 4–33
Post an Invoice Batch ...................................................... 4–36
Print a Posting Journal ..................................................... 4–38
Reset the Printing Destination .............................................. 4–40
Lesson 5: Enter and Apply Payment Transactions ................................ 4–41
Enter a Payment Using the “Direct” Mode for Payment Application ............ 4–44
Edit Exchange Rates ....................................................... 4–47
Apply a Credit Note to an Invoice Using the “Select” Mode
for Payment Application ............................................... 4–49
Print a Batch Listing ....................................................... 4–52
Getting Started v
Index
Accounts Payable
Introducing
Chapter 1
Introducing Accounts Payable
This chapter introduces you to Accounts Payable. It describes
important features of the program, discusses how Accounts
Payable integrates with other applications, and suggests how to
use the Accounts Payable manuals to learn about the system.
Use Accounts You can access your Accounts Payable data using the ACCPAC
Payable through a desktop or through your Internet browser. All Accounts Payable
browser or from the data entry forms are designed to enable users at remote locations
ACCPAC desktop to enter and view transaction data using a browser.
The rest of this section describes some of the tasks you can
accomplish using Accounts Payable.
Accounts Payable
Introducing
Accounts Payable Features
Accounts Payable
Introducing
Accounts Payable Features
Accounts Payable
Introducing
Accounts Payable Features
■ When adding entries, you must use valid codes for vendors,
vendor groups, account sets, terms, distribution codes,
distribution sets, tax groups, and bank accounts.
■ Enter run dates and cutoff dates for aging reports to ensure
that more recent transactions are not reported. Specify aging
periods at the time of printing.
Accounts Payable
Introducing
Integrating with Other Programs
Accounts Payable
Introducing
The User Guide
Turn to the User Guide once you have finished setting up your
Accounts Payable system according to the instructions in this
manual.
Where To Now?
Where To Now?
If you have just purchased System Manager and Accounts
Payable, install the applications on your computer, following the
instructions in the System Manager Administrator Guide. If you
have already installed System Manager, install
Accounts Payable, following the instructions in the System
Manager Administrator Guide.
Converting from If you are converting your data from ACCPAC Plus Accounts
ACCPAC Plus A/P? Payable to ACCPAC Advantage Series, follow the instructions in
the Converting from ACCPAC Plus Accounting manual.
Chapter 2
What You Need to Know Before
Setting Up
Before
Setting Up Accounts Payable
Choosing Accounts Payable Options ............................................. 2–2
Company Information ...................................................... 2–2
Processing Options ......................................................... 2–2
Using Multicurrency Accounting ......................................... 2–3
Force Listing of Batches ................................................. 2–4
Editing Imported and External Batches ................................... 2–4
Keep History ........................................................... 2–5
Using Retainage Accounting ............................................. 2–5
Keep Vendor and Group Statistics ........................................ 2–7
Defining Aging Periods ................................................ 2–10
Aging Unapplied Credit Notes, Debit Notes, and Prepayments ............ 2–10
Default Number of Days to Keep Comments ............................. 2–10
Transactions Options ...................................................... 2–11
Setting Defaults for Tax Calculation ..................................... 2–12
Use 1099/CPRS Reporting.............................................. 2–13
Allow Edit of 1099/CPRS Amounts ..................................... 2–13
Default 1099/CRPS Amount ............................................ 2–13
Default Transaction Type............................................... 2–13
Default Order of Open Documents ...................................... 2–13
Default Bank Code .................................................... 2–15
Allow Adjustments in Payment Batch ................................... 2–15
Allow Edit of System Generated Batches ................................. 2–15
Numbering Options ....................................................... 2–16
Retainage Options ......................................................... 2–17
Specifying Retainage Defaults for Vendor Records (Optional) .............. 2–17
Specifying Retainage Defaults for Invoice Entry and Retainage Processing .. 2–18
G/L Integration Options ................................................... 2–19
General Ledger Batch Types ............................................ 2–20
Create G/L Transactions During Posting or On Request ................... 2–21
Setting Up
Importing and Exporting Accounts Payable Records.............................. 2–57
Before
Entering Current and Historical Transactions .................................... 2–59
Entering Current-Year Data ................................................ 2–60
Entering Outstanding Invoice Balances in Vendor Accounts ............... 2–60
Entering Current-Year Transactions ..................................... 2–60
Previous-Year Statistics .................................................... 2–61
Customizing Checks, Payment Advices, Letters, and Label Formats ................ 2–62
Setting Up Multicurrency Accounting in Accounts Payable........................ 2–62
Where To Now? .............................................................. 2–64
Chapter 2
What You Need to Know Before
Setting Up
Before
Setting Up Accounts Payable
This chapter explains the options you can select and the data you
need to add during setup.
Read this chapter Read this chapter before setting up Accounts Payable. It will help
before setting up you create a system that meets your company’s current and
Accounts Payable future needs.
Company Information
You keep and update most company address and contact
information using the Company Profile form in Common
Services. However, you can store the name of a contact person or
position for your accounts payable department, and enter the
telephone and fax numbers you use in your Accounts Payable
system on the Company tab on the A/P Options form.
This tab also displays the name and address entered for the
company in Common Services. To change the company name
and address, use the Company Profile form in Common Services.
Processing Options
Use the Processing tab on the A/P Options form to choose
whether your Accounts Payable system:
Setting Up
Before
■ Includes tax in statistics.
You can also set the default length of time to keep comments in
vendor records.
Multicurrency Accounts Payable can process and report transactions in all the
ledgers currencies used by your company and its vendors if you select
the Multicurrency option on the Processing tab on the A/P
Options form.
Select multicurrency Before you can select the Multicurrency option in Accounts
accounting in Payable, you must select the Multicurrency option for the
Common Services company in Common Services.
You can select the Multicurrency option at any time, but once
you select and save the option, you cannot change Accounts
Payable back to a single-currency ledger.
Mixing multicurrency You can use Accounts Payable with all ACCPAC applications,
and single-currency even if some applications use multicurrency accounting and
applications others do not. For example, you can post transactions from a
multicurrency Accounts Payable system to a single-currency
ACCPAC General Ledger.
If you use the option, you cannot post batches until you print
listings for them, and you must also print new listings of batches
you edit.
If you do not use the You can print batch listings whether or not you use the Force
option Listing Of Batches option. You can also print posting journals
that provide complete information about the contents of all
posted Accounts Payable batches.
You can change your choice for this option at any time.
Allow Edit Of External If you do not want to restrict editing of external batches, use the
Batches option Allow Edit Of External Batches option. External batches are
Setting Up
Allow Edit Of To permit editing of batches you import from non-ACCPAC
Before
Imported Batches programs, use the Allow Edit Of Imported Batches option.
option
Selecting these options lets you edit external or imported invoice,
receipt, and adjustment batches in Accounts Payable before
posting the batches. Not selecting the options increases your
auditing and supervisory control by reducing the possibility of
errors.
Keep History
Turning off the You can turn off the Retainage Accounting option, later, only if
Retainage there are no unposted batches that include retainage and no
Accounting option outstanding retainage amounts.
Preparing your system If you select the Retainage Accounting option, note that you must
for retainage also specify a retainage control account for each account set in
accounting your Accounts Payable system.
Specify default You should also use the Retainage tab that appears to set options
retainage settings for processing original and retainage documents in Accounts
for vendors Payable, and to specify default settings for each vendor,
including the retainage percentage, retention period, and
retainage terms.
Setting Up
Accounts Payable statistics by period and year, as far back as the
Before
oldest year for which you keep transaction details. Accounts
Payable lets you choose the type of year and period by which to
accumulate statistics.
Vendor statistics For each vendor, Accounts Payable stores the total amount and
number of invoices, payments, discounts taken, discounts lost,
credit notes, debit notes, adjustments, and total paid invoices.
The data is reported by the period you specify, for as long as you
keep transaction details.
Period based on Statistics are accumulated into the year and period derived from
document date the document date. Even if you change the year and period to
which you post the transaction, the statistics will still go to the
period specified by the full document date.
Vendor activity Activity statistics kept for each vendor include the amount and
date of the vendor’s highest balance and largest invoice in the
current and previous years, as well as the amount and date of
the last invoice, payment, credit note, debit note, adjustment,
and discount posted to the account.
Each vendor record also shows the total amount of the invoices
paid in the current year, the number of checks, the average
payment, and the total and average number of days it took to
pay the invoices. Activity statistics for the previous year are
cleared at year end.
Vendor groups The same types of statistics are kept for vendor groups. Use the
Vendor Groups form to review the statistics.
Options for For vendor and vendor group statistics, you can choose:
maintaining statistics
■ Whether to allow editing of statistics.
Allow Edit Of Statistics You can choose whether to allow editing of the statistics you elect
to keep, using the Allow Edit Of Statistics options on the
Processing tab on the A/P Options form.
Updating statistics Normally, you do not need to change statistics because they are
updated automatically and accurately by Accounts Payable each
time you post batches. However, if you set up your Accounts
Payable system partway through a fiscal year, you may want to
use the option to edit statistics so that you can enter figures for
previous periods of the current year or for previous years.
From time to time, you may also want to edit a particular statistic
because unusual circumstances have exaggerated the amount.
For example, if a single invoice remained unpaid for a long
period on an otherwise satisfactory account, you could adjust the
total number of days to pay or the total number of paid invoices
to correct the average so that it more accurately reflects your
company’s paying habits for the vendor.
Keeping statistics in If you edit a vendor’s statistics, you should make the same
balance in vendor changes to the statistics for the vendor group to which the
groups vendor belongs. Print the Vendor Group Statistics and Vendor
Statistics reports for the records you change to verify that the
totals still balance.
Changing your You can change your choices for these options at any time. You
choices may want to turn on an option when you are setting up your
system, then turn it off to prevent errors caused by accidental
editing.
Include Tax In If your company pays taxes on its purchases, you can include tax
Statistics amounts in the statistical totals by using the Include Tax In
Statistics option.
Change the Include You can change your choice for the Include Tax In Statistics
Tax In Statistics option option any time you wish, but should make changes only at the
end of a reporting period. If you change before the end of a
period, statistics for the period may include taxes in some
amounts, but not in others, so that you cannot make meaningful
comparisons within a period or with other periods.
Accumulate By and You can choose the periods by which statistics are totaled and
Period Type reported: by seven-day periods, weekly, biweekly, four-week
Setting Up
choosing whether to use calendar dates or fiscal dates. If you
Before
keep statistics by calendar year, the first period begins with
January 1. If you keep dates by fiscal year, the first period begins
on the first date in your company’s fiscal year.
Change the method You can change the type of year and period by which Accounts
of reporting statistics Payable reports all three types of statistics, but such changes will
distort the figures in past periods.
Periods 1 2 3 4
Totals 500 300 600 0
Periods 1 2 3 4 5 6
Totals 500 300 600 0 0 0
Periods 7 8 9 10 11 12
Totals 0 0 0 0 0 0
running Year End, or edit the statistics for the earlier periods in
the year to correct distortions.
When you have credit notes, debit notes, and prepayments that
do not apply to specific invoice numbers or other documents,
you can specify whether to report the amounts in the aging
periods that contain their document dates, or you can group
them all in the current (not due) period.
To make sure that comments are kept current, you can assign a
Setting Up
number of days for which you will retain each one. When you
Before
use the Vendor Comments option on the Clear History form,
comments that have been kept for the specified number of days
are deleted, saving you from having to delete each comment
individually from the vendor records.
Transactions Options
Use the Transactions tab of the Options form to specify how the
Invoice Entry and Payment Entry forms will operate. You can:
Default entry methods When you create an invoice in Accounts Payable, you can enter
for the tax amount taxes manually or you can let the program calculate taxes for
and tax base you. The Default Tax Amount and the Default Tax Base fields let
you select the method to be used as the default for invoice entry
and recurring payables.
Enter. Selecting Enter lets you enter tax amounts or tax bases
manually on invoices, and lets you change most tax fields.
However, the program will not calculate any tax amounts unless
you use the Calculate Tax button.
You must ensure that the sum of the detail taxes equals the total
tax for each tax authority, or you will not be able to add the
invoice or the record.
You can always change the Tax Class, Tax Included, and the tax
group fields, regardless of your selection in the Tax Amount and
Tax Base fields.
Setting Up
company reports any payments to vendors that are subject to
Before
1099/CPRS reporting. To activate this feature for vendors subject
to 1099/CPRS reporting, select this option on the Taxes tab on
the Vendors form.
If you select the option Use 1099/CPRS Reporting, you can also
choose Allow Edit Of 1099/CPRS Amounts. This allows you to
edit an amount if it was entered incorrectly, or enter a zero
amount for a service provided by a 1099/CPRS-designated
vendor that is not subject to 1099/CPRS reporting.
IN (invoice)
T (interest invoice)
NCR (credit note)
NDR (debit note)
XADJ (adjustment)
■ Due Date. This choice lists open invoices, credit notes, and
debit notes by their due dates, beginning with the document
with the oldest (earliest) due date.
Setting Up
■ Balance Due. This choice lists open documents by their
Before
outstanding balances, beginning with the smallest amount.
The bank code you select on the Transactions tab will appear as
the default bank code when you create a new payment batch or
automatically generate a check batch. You should choose the
bank on which you most often write checks.
You might use this option, for example, when the amount of a
check you are entering to pay an invoice differs slightly from the
invoice total. You can quickly write off the difference when you
enter the payment.
You can choose the batch to which you want to add the
adjustment or create a new adjustment batch from Payment
Entry, and you can edit it later, if necessary, using the
Adjustment Entry form.
If you do not choose the option, you ensure that the amount of
each posted check matches the pre-check register you printed.
When the option is not selected, you cannot edit or delete checks,
or delete the check batch.
Numbering Options
Use the Numbering tab of the Options form to specify how
Accounts Payable will identify transactions and batches that you
create. You can:
■ View the next batch numbers and the next posting sequence
numbers that Accounts Payable will assign.
You can use up to six characters for each prefix. The prefixes let
you easily identify transactions in Accounts Payable forms and
on reports.
You can also specify the length of each document number, using
a maximum length of 22 characters, including prefixes.
Changing the next If you want to change the next number to assign to a lower
document number number, change the prefix for the document type as well. You
cannot use the same document number and prefix more than
once in Accounts Payable.
Letting Accounts If you do not enter prefixes and document numbers, Accounts
Payable assign Payable automatically assigns 1 as the first document number
prefixes and and uses the following prefixes for each document type, as
document numbers listed here:
Setting Up
Before
Document Type Prefix
Recurring Payable RP
Payment PY
Prepayment PP
Adjustment AD
Note: Check number sequences and the next check number are
set in Bank Services. Invoices use the numbers assigned by the
vendor.
Retainage Options
You must select When you select the Retainage Accounting option on the
the Retainage Processing tab of the A/P Options form, the Retainage tab
Accounting option appears. Selecting the Retainage Accounting option is described
before you can set in the section “Using Retainage Accounting,” earlier in this
other retainage chapter. (Chapter 2 in the User Guide contains overview
options
information on processing original and retainage documents.)
The retainage tab lets you specify the following default retainage
settings for new vendor records:
The default retention ■ Default Retention Period. You also specify the number of
period days from an original document date that you can withhold a
retained amount. The program determines the default
retainage due date by adding the days in the default
retention period to the original document date.
Specify whether the ■ Base Retainage Amount On. Use this field to specify
retainage amount is whether retainage will be calculated on the document total
based on tax before or after tax is calculated.
Specifying when to The Retainage tab also contains two options that let you control
create retainage the timing of retainage processing:
documents
■ Number Of Days In Advance To Create Retainage
Documents. This option lets you specify the number of
days before retainage is due to generate retainage
documents using the Create Retainage Batch form.
Setting Up
retainage processing Documents. If you plan use the Reminder List to process
Before
retainage, you need to enter the schedule code for the
frequency with which you want to process outstanding
retainage.
“Zoom” button If the schedule does not yet exist in Common Services, you
can click the Zoom button beside the field, then create the
schedule using the Schedules form that appears. You can
also click the Zoom button to view the information for an
existing schedule.
Last invoiced date In the Last Invoiced field, the program displays the date that you
last ran Create Retainage Batch from the Reminder List.
Changing retainage You can edit the options on the Retainage tab at any time, but
options your changes will affect only vendor records and transactions
that you add after making the changes.
Types of General If you use ACCPAC General Ledger, Accounts Payable creates
Ledger batches separate batches of general ledger transactions from posted
invoice batches, payment batches, and adjustment batches. If you
use multicurrency accounting, Accounts Payable also creates a
separate General Ledger batch each time you revalue Accounts
Payable transactions.
Setting Up
During Posting for the Create G/L Transactions option.
Before
To create general ledger batches only when you want to, select
On Request Using Create G/L Batch Icon for the Create G/L
Transactions option. If you use this option, you can also print the
G/L Transactions report, provided that you print it before you
run Create G/L Batch. When you create the general ledger batch,
the transactions are deleted from Accounts Payable.
If you use the Create G/L Batch form, you must create the
transactions before using the Year End form to do year-end
processing.
Using Append G/L To produce only one general ledger batch of each type, choose the
Transactions To Append G/L Transactions To Existing Batch option. If you do not
Existing Batch option choose the option, Accounts Payable creates a new general ledger
batch each time you post or revalue transactions.
Setting Up
Use the Consolidate G/L Batches option if you do not need a
Before
record of all details posted to every General Ledger account from
Accounts Payable transactions.
Creating detailed If you require detailed general ledger transaction information for
general ledger your Accounts Payable records or want to drill down to
transactions transactions from General Ledger, do not choose to consolidate
general ledger transactions. This choice creates a single detail in
a general ledger batch for all amounts you post to a general
ledger account.
■ Vendor Number.
■ Document Number.
■ Order Number.
■ (Document) Description.
■ Detail Description/Reference.
■ Vendor Name.
You can change any of your choices on the Integration tab at any
time. You should be aware that your new choices apply only to
general ledger transactions posted after the change, and do not
affect existing general ledger batches.
Warning! If you use the Create G/L Batch form to produce general ledger
batches and want to change to producing them during posting,
be sure that you first run Create G/L Batch to create any
outstanding transactions. If you make the change without
creating the outstanding transactions, they will be omitted from
your general ledger batches, and will not be posted to your
general ledger.
Reporting general You can print the G/L Transactions report, a listing of the
ledger data general ledger transactions created by Accounts Payable,
whether you post batches in General Ledger or not.
When you clear posting journals with the Clear History form, the
general ledger transactions that were created with the cleared
journals will no longer appear on the G/L Transactions report.
For more information about the G/L Transactions report, see
Chapter 7, “Reports,” in the User Guide.
Setting Up
Before
designing your coding schemes.
Before you can use Accounts Payable, you must add codes to
identify the account sets, distribution codes, vendors, and other
records you will add to your system. You should take the time to
design sensible coding schemes for each type of code you
require, before you start assigning codes to records.
If you already have a system for most of these codes, you may be
able to continue with the same system. Check the following list
to see whether each code type allows for the number and types
of characters you use in your current system:
Maximum # of
Record Type Code Name
Characters
Account set Account set code 6 digits or letters
1099/CPRS 1099/CPRS code 6 digits or letters
code
Distribution Distribution code 6 digits or letters
code
Distribution set Distribution set 6 digits or letters
Terms Terms code 6 digits or letters
Vendor group Vendor group code 3 digits or letters
Vendor Vendor number 12 digits or letters
Payment Payment selection 6 digits or letters
selection code
Remit-to Remit-to location 6 digits or letters
location code
If you are designing new codes, you should assign codes that
make it easy to identify each record type and that list records in
the order you want them to appear on reports and in Finder
forms.
123
123A
AB1234
A1
A01
123
123A
A-01
A01
A1
Setting Up
AB 1234
Before
AB1234
For SQL Server, you can set up the database as a binary sequence
or in a dictionary sequence (where upper and lowercase letters
are intermixed). Codes containing fewer than the maximum
number of permitted characters are left justified in Accounts
Payable Finders and forms, and on reports.
You select icons from the Setup form to set up the following
records:
■ Account sets
■ 1099/CPRS codes
■ Distribution codes
■ Distribution sets
■ Terms
■ Payment Selection codes
■ Optional fields (optional)
You can use one account set for all your vendors, or you can
have as many as you need to categorize vendor transactions by
the accounts to which they are posted in your general ledger. For
You use the Account Sets form in the Setup folder to add account
sets. You must define at least one account set before you can add
vendors to Accounts Payable.
Multicurrency If you use multicurrency accounting, you must add at least one
ledgers account set for each currency used by your vendors. The account
set you assign to a vendor must use the currency of the vendor.
Contents of account To add an account set, you enter a unique code of up to six
sets characters for the set, and a description.
You then enter account numbers for the general ledger payables
control, purchases discounts, and prepayments accounts. In
multicurrency ledgers, you also assign exchange gain and loss
accounts to account sets that do not use the functional currency.
Setting Up
■ Retainage account. If you use retainage accounting, a
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liability account that accumulates outstanding retainage
amounts until you clear the amounts by processing retainage
invoices, retainage debit notes, and retainage credit notes.
Identifying the If you use multicurrency accounting, you must assign a currency
account set’s code to each account set to identify the currency used by the
currency vendors you will assign to the set. Once you add an account set,
you cannot change its currency.
Multicurrency general Multicurrency account sets include the same accounts as single-
ledger accounts currency account sets, and include additional accounts to which
you post gains and losses that result when you revalue Accounts
Payable transactions at new exchange rates.
If you use the same account number for all the unrealized and
realized exchange gains and losses accounts, the balance in that
account in your general ledger will be the net exchange gain or
loss on all payables transactions.
Assigning account If you use ACCPAC General Ledger with Accounts Payable, you
numbers from should assign General Ledger accounts that can accept the
ACCPAC General currencies used with the account sets in Accounts Payable.
Ledger
See the ACCPAC General Ledger Getting Started manual for more
information.
Assigning account After defining account sets, you assign them to vendor records,
sets to vendor records using the Vendor Groups form and the Vendors form. These
forms are described in the section, “Setting Up Vendor Records,”
later in this chapter.
Most 1099/CPRS Accounts Payable sets up most 1099/CPRS codes when you
Setting Up
codes are set up by activate a new database. You should have to add or edit codes
Before
Accounts Payable only if the existing code structure changes. 1099/CPRS codes can
be up to six characters long but, in practice, they do not exceed
two digits.
The codes are easier to remember than account codes and, if you
forget them, present a shorter Finder list during data entry.
You can also create Accounts Payable lets you distribute transactions by distribution
sets of distribution set (a group of distribution codes), by distribution code, or by
codes general ledger account number. You select a default distribution
method for each vendor in the vendor records.
Setting Up
description (name) for the code, and the general ledger account
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number that the code represents.
Add at least one You must add at least one distribution code before you can add
distribution code invoices. You can define as many distribution codes as you need
to represent the various general ledger accounts to which you
distribute purchases.
You do not have to You do not have to create distribution sets, as Accounts Payable
use distribution sets lets you distribute transactions by distribution code or by general
ledger account number.
You use the Distribution Sets form to add distribution sets. For
each record you enter a unique code, up to six characters, a
description (name) for the code, the method for distributing the
amounts, and the list of distribution codes in the set.
Setting Up
Before
Payment selection codes define the following elements:
■ How you select invoices (by due date, discount date, or due
date and discount date).
You can change the payment selection criteria after you enter the
payment selection code in the Create Payment Batch form. So, if
your payment selection needs are fairly simple (for example, if
you use only one bank and have a small number of vendors),
you may define only one code and modify it if you are
generating a special check run.
Setting Up Terms
Accounts Payable automatically keeps all the payment terms by
which your company determines invoice due dates. The terms
are assigned to each of your vendors, but can be changed on
individual invoices.
Installment payments Terms can be as simple as a due date and discount date and rate,
or they can include payment schedules to allow for several
installment payments.
Setting up installment You can use the Multiple Payment Schedule option to set up a
terms terms code that allows installment payments. You can define
installment periods that vary in length and use different methods
to calculate due dates and discounts. You can also set up as many
installment periods for a terms code as you need.
Calculating discounts If you pay tax on purchases, you can specify whether to include
before or after tax tax in the document total that Accounts Payable uses to calculate
discount amounts.
Defining terms You must define at least one set of terms before you can add
vendor records. For each set of terms, use the Terms form in the
Setup folder to enter a unique code of up to six characters, and a
description.
The due date type and the discount type can be a time interval (a
specific number of days, or a number of days from a specific day
of the month) or a fixed date (the end of the next month, or a
specific day of the next month).
Using standard due If your vendor uses standard due dates (such as the 1st or 15th of
dates the month), you can create a terms code table to calculate a due
date for each of up to four ranges of days on which invoices were
issued.
the month, and that invoices entered between the 15th and the
end of the month are due on the 15th of the next month.
When you use due date tables, you can either define discount
Setting Up
periods in the same way as for other terms options, or you can
Before
enter a table of standard discount periods.
Assigning terms codes You assign a terms code to each vendor record to set the default
to vendor records terms that appear when you enter new vendor invoices. You can
choose different terms for the vendor during transaction entry
without changing the standard terms assigned in the vendor
record.
Use optional fields to Optional fields let you customize your Accounts Payable system
customize Accounts by letting you store an unlimited amount of additional
Payable information with transactions, and with vendor and remit-to
location records.
G/L can keep optional If you use exactly the same optional fields in Accounts Payable
field information sent and General Ledger, General Ledger will retain the optional field
with transactions from information used in transactions that you send from Accounts
Account Payable Payable.
First, you must set up You can use an unlimited number of optional fields in Accounts
optional fields for your Payable. However, you must first define optional fields for your
ACCPAC system ACCPAC system using the Optional Fields form in Common
Define the optional Once you have set up optional fields for your ACCPAC system,
fields you want to use you use the A/P Optional Fields form in the A/P Setup folder to
in Accounts Payable define optional fields for use with the following Accounts
Payable records and transactions:
For each optional field you plan to use in Accounts Payable, you
specify:
■ The optional field code for each optional field you are
defining. Note that if you want to retain optional field
information from Accounts Payable transactions when you
create batches for General Ledger, you must use the same
optional fields for transactions in Accounts Payable as you
use in General Ledger.
■ The default entry to use for the optional field. If the optional
field you select requires validation, you must select a value
that is defined for the optional field in Common Services.
However, if the optional field allows blanks, you can leave
the default entry blank.
Setting Up
Before
− Enter a combination of alphanumeric or special
characters and spaces. The entry must be consistent with
the type of field (text, number, date, amount, and so on)
and must not exceed the number of characters specified
for the optional field. In a Yes/No field, you can enter
only Yes or No. In an Integer field you can enter any
integer with an absolute value less than 2,147,483,647.
■ Whether the program will display the optional field and its
default entry on the form for the type of optional field when
you set up new records or enter transactions.
Assigning optional After defining optional fields, you can assign them to particular
fields to particular vendor, vendor group, and remit-to location records, as
A/P records described in the section, “Setting Up Vendor Records,” later in
this chapter.
Accounts Payable Accounts Payable assigns the optional fields you define for
assigns optional fields payables transactions when you generate transactions using the
when you create following forms:
transactions
automatically ■ Create Recurring Payable Batch (invoice optional fields)
If you use ACCPAC Project and Job Costing, you can also specify
whether optional field information for job-related transactions
will be passed to Project and Job Costing, if the optional fields
match those used for external cost tranactions in that program.
Important Note that while all account groups are initially selected for new
optional fields, you need to consider carefully the purpose of the
optional field you are defining. You should send values to
General Ledger only for optional fields that require financial
analysis, and only to accounts where they are required. For
example, you might want to send optional fields that contain
vendor numbers or sales territories only to revenue accounts.
Use this section to find out how vendor records are set up and
used in Accounts Payable, and to decide on the options that will
let you process vendor information and transactions to suit your
company’s procedures.
Preparing to add Before you can add vendor records to Accounts Payable, you
vendor records must set up account sets, 1099/CPRS codes, distribution codes,
distribution sets, and payment terms.
Setting Up
In addition, if you use ACCPAC Transaction Analysis and
Before
Optional Field Creator (a separately licensed package), you must
also set up in Common Services the optional fields that you want
to assign to Accounts Payable records.
If you need more information about any of these tasks, see the
section on setting up for each type of record, earlier in this
chapter.
You can add as many vendor groups as you wish, but you must
add at least one group.
Adding vendor You use the Vendor Groups form to define the vendor groups
groups you need.
■ Select the account set, terms code, and bank code you want
to use as the default selections for the vendor records you
will add to the group.
Select None as the If you use ACCPAC Project and Job Costing, we recommend
Distribute By method that you select None as the Distribute By method for vendors
for job-related from whom you frequently purchase goods or services.
vendors (Because you cannot mix job-related details with other details
on an invoice, the program does not let you choose the Job
Related option when a detail that is not job-related appears
on an invoice. If you choose None, you will not have to
delete the default detail each time you want to enter a job-
related invoice.)
Multicurrency ■ Specify the default rate type for vendors in this group (if you
have a multicurrency ledger and chose a non-functional
currency account set).
Setting Up
■ Choose whether to check for duplicate invoices with the
Before
same vendor and amount and/or same vendor and date.
Vendor group Accounts Payable keeps statistics for vendor groups, and
statistics displays them on the Statistics tab on the Vendor Groups form.
You can display the statistics by the type of year and period you
specified in the A/P Options form for vendor statistics.
For each group, Accounts Payable lists the amount and number
of invoices, payments, discounts taken, discounts lost, credit
notes, debit notes, adjustments, and total paid invoices. Accounts
Payable also calculates and displays the total days to pay, and
the average days to pay for the group.
You can edit the statistics in a vendor group if you select the
Allow Edit Of (vendor) Statistics option in the A/P Options
form.
Accumulating tax The totals kept for invoices, credit notes, and debit notes can
amounts include or exclude any tax amounts that were posted with the
documents, depending on the choice you enter for the Include
Tax In Statistics option in the A/P Options form.
If you use optional fields, you can assign to each vendor group
the optional fields and values you want to use as defaults for
new vendors that use the group code.
You can accept the optional fields that are displayed as defaults,
or you can delete them. You can also assign any additional
optional fields that are defined in Accounts Payable for vendors
and vendor groups.
Adding Vendors
Adding vendor records to Accounts Payable involves
transferring your existing vendor information to ACCPAC and
selecting options that let you process payables more effectively.
General information You use the Vendors form to enter most of your vendor
about your vendors information to Accounts Payable. This form lets you enter
information such as:
Setting Up
represents the vendor). For more information, see “Entering
Before
Short Names,” later in this section.
Processing options in You also use the Vendors form to identify the ways in which
the Vendors form you process transactions for each vendor, specifying the
following information.
■ The bank code and credit limit associated with the vendor.
Multicurrency ■ The rate type that Accounts Payable will use to calculate the
ledgers exchange rate between the functional currency and the
vendor currency.
Entering vendor In addition to the information you can enter for each vendor on
Setting Up
statistics the Vendors form, Accounts Payable automatically adds the
Before
statistics it collects from all vendor transactions to each vendor
record.
Keeping additional If you need to keep more than one remit-to address for a vendor,
remit-to addresses for you can also define as many additional addresses as you need,
a vendor using the Remit-To Locations form, as described in the section,
“Adding Remit-To Locations,” later in this chapter.
Importing vendor You can also import vendor records into Accounts Payable from
records non-ACCPAC programs, instead of adding them with the
Vendors form. For information about importing records, see
Appendix B, “Importing and Exporting,” in the User Guide.
You use the Vendors form to add vendor records. For each new
record, you must assign a unique vendor number, up to
12 characters, including letters, numbers, and symbols.
Setting Up
Bashaw Bulldozing
Before
Mr. Stephen Kershaw
The Garden Restaurant
If you assign a short name that is the first seven letters of the
name by which you want to list the accounts, they appear in this
order:
You may have designed your vendor numbers so that they list
vendors in alphabetical order or in another order that meets your
requirements. In that case, you might choose not to use short
names at all.
You choose the processing options you wish to use with each
vendor on the Processing tab on the Vendors form:
■ Account Set.
■ Bank Code.
■ Credit Limit.
You then select the taxing authorities that tax your purchases
(collected by the vendor) and the tax class that indicates the type
of purchase that is taxed by each authority.
application also calculates and displays the total days to pay and
average days to pay for the vendor.
Activity statistics Accounts Payable keeps track of any outstanding balances on the
Setting Up
vendor’s account, the year-to-date amounts and the dates of the
Before
highest balance and largest invoice in the current and previous
years, and the last invoice, payment, credit note, debit note,
adjustment, and discount posted to the vendor’s account.
Editing statistics You can edit the statistics in a vendor record if you select the
Allow Edit Of Statistics option in the A/P Options form. For
more information about accumulating vendor statistics, see
“Accumulating Vendor and Group Statistics,” earlier in this
chapter.
Reporting tax The totals kept for invoices, credit notes, and debit notes can
amounts in statistics include or exclude tax amounts posted with the document,
depending on your choice for the Include Tax In Statistics option
in the A/P Options form.
You can also see, but not change, the outstanding balance, open
document count, current prepayment amount, and number of
prepayments for the account.
You use the Optional Fields tab on the Vendors form to assign
optional fields to particular vendors.
You can also assign any additional optional fields that are
defined in Accounts Payable for vendors and vendor groups.
When you enter a comment, you can also enter a follow-up date
when you wish to check on the comment, as well as an
expiration date when you want to delete the comment. Once the
expiration date is reached, Accounts Payable automatically
deletes the comment when you use the Clear History form to
clear comments for the vendor number.
Setting Up
different from the mailing address if the address in the vendor
Before
record is just for ordering.) You use the Remit-To Locations form
to add remit-to addresses for your vendors.
Primary remit-to If you mark a remit-to location as the primary remit-to location
location (an option in the Remit-To Locations form), Accounts Payable
will use this location as the default address on invoices and on
vendor checks.
Specifying remit-to You can change the remit-to address while you are entering an
locations invoice in the Invoice Entry form by choosing the Zoom button
beside the Remit-To Location field. You can then choose a remit-
to location using the Finder, or enter an alternative address for
this invoice only.
Customizing remit-to Remit-to locations have the same optional fields as vendor
address information records. See “Adding Optional Fields to Vendor and Vendor
Group Records,” earlier in this chapter, for details.
You use the Vendor tab on the A/P Options form to add extra
fields to the Optional Fields tab on the Remit-To Locations form.
You must first set up optional fields for remit-to locations using
the Optional Fields setup form before you can assign them to
particular remit-to location records.
If you define and use the same optional fields for vendors and
remit-to locations as you use for invoices, the program can assign
optional field entries from the remit-to location record on
invoices, debit notes, and credit notes when you specify a
particular remit-to location in Invoice Entry.
Optional fields and Any remit-to location optional fields that you marked for
values marked for automatic insertion on the Optional Fields setup form appear,
automatic insertion along with their default entries, on the Optional Fields tab when
appear as defaults you add a new remit-to location.
You can accept the default optional fields, or you can delete
them. You can also assign any other optional fields that are
defined remit-to locations in Accounts Payable.
The default entry The program displays the default entry from the optional field
comes from the record. You can accept or change the default value. However, if
optional field record the optional field is validated, you must select a value that is
defined for the optional field in Common Services.
When you are ready to produce invoices for the payables, you
use the Create Recurring Payable Batch form to create the
invoice batch automatically.
Setting Up
Specifying invoice You specify when to invoice recurring payables and how to
Before
frequency assign the invoice date by assigning to the recurring payable a
schedule that you have set up in Common Services.
Specifying limits To limit the number of times you invoice a recurring payable,
for the payable you can enter an expiration date for the payable. No invoices
would be created for the payable after its expiration date.
Assigning payment You enter a terms code for each recurring payable, according to
terms to recurring the terms your vendor offers. The code determines the due date
payable for recurring payable invoices, as well as the discount percentage
and period. You can change any of this information on the
invoice.
Using optional If you defined optional fields for invoices, the fields appear in the
invoice fields recurring payable record as well as on the Invoice Entry form. If
the optional invoice fields use optional tables, you must enter
valid codes in recurring payable records.
Last Invoiced date The record for each recurring payable shows the last date on
which an invoice was created for it. This date is changed by
Accounts Payable each time you use the Create Recurring
Payable Batch form to create an invoice for the payable.
Entering taxes Accounts Payable lets you enter detail and total taxes manually
in recurring payable records, if you wish, or you can let the
program calculate taxes for you when you create a recurring
payable batch.
If you wish to have the program calculate taxes for you, you can
choose to have Accounts Payable either:
Using optional fields If you use optional fields, an Optional Fields tab appears.
When you first add a recurring payable record, the tab displays
any optional fields that you set up for automatic insertion on
invoices, and assigns default entries, as follows:
You can delete or change the optional invoice fields used with a
recurring payable, or add any that you have set up for use with
invoices.
Setting Up
Optional detail fields Any invoice details optional fields that you set up for automatic
Before
insertion are assigned to recurring payable detail.
Zoom To check or to change the optional fields that are used for the
detail, select the detail, then click the Zoom button beside the
field, or press Shift+F9. The Optional Fields form appears, where
you can add or delete optional fields for the detail. You can add
any optional fields that are defined for invoice details.
■ Account Sets.
■ Distribution Codes.
■ Distribution Sets.
■ Remit-to Locations.
■ Terms Codes.
■ Vendor Groups.
■ Vendors.
Setting Up
Before
Entering Current and Historical Transactions
Accounts Payable can display statistical information for vendor
accounts and vendor groups for the current year and for all the
previous years for which you retain the data. You add the
historical information you need during setup. Accounts Payable
then automatically updates the statistical information every time
you post transactions.
Adding prior and To set up your Accounts Payable system properly, you must
current-year data follow these steps:
3. Enter and post all invoices you received since the beginning
of the year up to your last Accounts Payable posting to the
General Ledger.
4. Enter and post all payments you made since the beginning of
the year up to your last Accounts Payable posting to the
General Ledger.
Once you have completed these steps you can proceed to enter
new invoice and payment transactions.
The opening balance invoice should use the first date of the
current fiscal year as the transaction (document) date. You can
also import the figures from a spreadsheet or other non-
ACCPAC program.
■ Post all the transactions for the current period, and the net
changes in each vendor’s invoice and payment totals for
each of the earlier periods in the current year.
Setting Up
This provides full detail for current-period transactions, and
Before
creates accurate balances for previous periods in the current
year.
Previous-Year Statistics
If you need to add purchases history for previous years to a new
Accounts Payable system, you can add it quickly or import it,
using the Vendors and Vendor Groups forms.
You enter statistics by the periods and years you specified for the
options to keep the data.
Entering vendor For each vendor and vendor group, you can enter the amount
statistics for previous and number of invoices, payments, discounts taken, discounts
years lost, credit notes, debit notes, adjustments, and paid invoices.
■ Amount and date of the high and low balance this year and
last year, and the largest invoice for each year.
You can review the figures in the Vendors and Vendor Groups
forms, and you can print them using the Statistics option in the
Setup reports for each type of data.
If you do not need historical data right away, you do not have to
add it when you set up an Accounts Payable system. The
application updates the figures automatically each time you post
transactions.
You select the checks you want to use when you set up bank
accounts in Bank Services.
You should set up and test the forms you want to use before you
begin entering transactions.
Choose the 1. Turn on the Multicurrency option for the company, select a
Multicurrency option functional currency and default rate type in the Company
Setting Up
in Common Services Profile form in Common Services.
Before
2. Choose the Euro option if you use the euro as your reporting
currency.
Add currencies and 3. Use the Common Services Currency forms to add any
exchange rates in currency codes you need for Accounts Payable, and enter
Common Services rates for the currencies you use.
You probably will not need to define new codes unless you
do not use the international codes.
Add an account set 5. Use the Account Sets form to add at least one account set for
for each currency each currency you want to use in Accounts Payable. In each
account set, enter the currency code and the numbers of your
exchange gain and loss general ledger accounts.
Enter multicurrency 6. When you create vendor groups and vendor records, select
information for the account set and the rate type for each record.
vendor groups and
vendors The vendor’s account set determines the vendor’s currency.
The vendor group account set is only a default when adding
vendor records. You can override it.
Where To Now?
Where To Now?
You are now ready to set up your own ACCPAC Accounts
Payable system, following the steps in Chapter 3, “Setting Up
Your Accounts Payable System.”
Chapter 3
Setting Up Your
Accounts Payable System
Before You Begin............................................................... 3–1
Using Accounts Payable with an Internet Browser ................................. 3–2
Setting Up
Overview of Accounts Payable Setup ............................................ 3–3
While You Work ............................................................... 3–4
Guideposts to Accounts Payable Information ................................. 3–5
Using Finders .......................................................... 3–5
Using Help ............................................................ 3–5
Finding Additional Information .......................................... 3–5
Finding Multicurrency Information....................................... 3–6
Protecting Your Work ................................................... 3–6
Setting Up an Accounts Payable System .......................................... 3–6
Step 1: Gather Data From Your Present Payables Systems ...................... 3–7
Step 2: Add Payable Accounts to Your Chart of Accounts ...................... 3–8
Step 3: Add Tax, Bank, Currency, and Security Information .................... 3–9
Step 4: Select Accounts Payable Options ..................................... 3–9
Change Your Selection of Accounts Payable Options ...................... 3–22
Step 5: Add Accounts Payable Records...................................... 3–23
Add Account Sets ..................................................... 3–24
Add 1099/CPRS Codes ................................................ 3–26
Add Distribution Codes ................................................ 3–28
Add Distribution Sets .................................................. 3–29
Add Payment Terms ................................................... 3–31
Add Optional Fields (Optional) ......................................... 3–36
Modify Accounts Payable Records ...................................... 3–39
Step 6: Add Vendor Records ............................................... 3–40
Add Vendor Groups ................................................... 3–40
Modify Vendor Groups ................................................ 3–46
Add Vendors ......................................................... 3–46
Modify Vendor Records ................................................ 3–55
Chapter 3
Setting Up Your
Accounts Payable System
This chapter contains instructions for creating an Accounts
Payable system suited to your business. It also describes how to
transfer your existing payables records to ACCPAC Accounts
Setting Up
Payable after you have set up the system.
Using the Setup If you are using the Setup wizard to create a new ACCPAC
wizard database, refer to the instructions in the System Manager Quick
Start Guide, then return to this chapter to complete Accounts
Payable setup. The Setup wizard activates Accounts Payable and
allows you to choose Accounts Payable options.
Converting from If you plan to convert from the DOS version of ACCPAC
ACCPAC Plus Accounts Payable, first read the instructions in the Converting
from ACCPAC Plus Accounting manual before following the steps
in this chapter.
If you use ACCPAC General Ledger, you must also add the
general ledger accounts you need for the account sets you want
to use in Accounts Payable.
To find out how to set up your system for use on the Web and
how to sign on to ACCPAC through your browser, see the
System Manager Administrator Guide.
Setting Up
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Review “What You When you need background information before selecting an
Need to Know...” option, consult Chapter 2, “What You Need to Know Before
Setting Up Accounts Payable,” in this manual.
Skip steps that do not apply to the way you will use Accounts Payable.
Using Finders
Use the Finder When you see a Finder icon beside a field in an ACCPAC form,
you can use it to display a list of possible entries for the field.
Click the Finder button or press the F5 key.
Setting Up
To select from a Finder list, click a record, then double-click or
press Enter to choose it.
Using Help
Press the F1 If you have questions or encounter error messages as you work
key in ACCPAC applications, press the F1 key or choose Help from
the menu to display information about the form, fields, or
message on your screen.
Check data Throughout this chapter, the microscope in the margin reminds
and make you to check data integrity and make backups of your ACCPAC
backups data.
For most offices, this means a routine, daily integrity check and
backup of their accounting records.
Ste
p 1:
Step 1: Gather Data From Your Present Payables System
Gat
her Once you have activated Accounts Payable for your company
Dat database, you can begin to add the data from your company’s
a present payables system to ACCPAC.
Fro
m Refer to First, gather all your current accounts payable records. These can
Yo existing be manual records or printed listings and reports from other
Setting Up
ur records accounting software, such as:
Pre
sen ■ A list of the general ledger accounts used in your accounts
t payable system, including the payables control, purchases
Pay discount, prepayment, and retainage control accounts.
abl Multicurrency If you use multicurrency accounting, also list the numbers of
es ledgers the accounts you use for unrealized exchange gain,
Sys
unrealized exchange loss, realized exchange gain, and
tem
realized exchange loss.
See page 2-27 These accounts are described in “Setting Up Account Sets,”
in Chapter 2 of this manual.
■ A list of your vendors and the data you keep for each vendor
account, including year-to-date and previous-year statistics.
− Account sets
− Distribution codes
− Distribution sets
− Payment terms
− Vendor groups
− Remit-to locations
Use the Setup ■ The checklist you printed and filled out while reading
checklist Chapter 2, “What You Need to Know Before Setting Up
Accounts Payable.”
Consider importing ■ You may be able to enter much of the accounts payable data
the data by reading it directly from files created by another program.
In ACCPAC, this is called importing.
Step
3: Step 3: Add Tax, Bank, Currency, and Security Information
Add
Tax and Bank Use the Bank Services and Tax Services folders in Common
Setting Up
Tax,
Bank, Services Services to enter the bank and tax information used in Accounts
Curr Payable. For information about these services, see the Tax and
ency, Bank Services User Guide.
and
Multicurrency If you use currency codes or currencies not currently included in
Secur ledgers the Common Services Currency forms, add the currencies you
ty
require, and enter rates for each currency, following the
nfor
instructions in the System Manager User Guide.
mati
on Security Use Administrative Services to assign passwords, create security
groups and assign user authorizations for Accounts Payable. See
Chapter 7 in the System Manager Administrator Guide for more
information.
■ Transactions
■ Numbering
■ Retainage (if you use retainage accounting)
■ Integration
Using Help Remember to press F1 any time you want more information or
have questions about the A/P Options form.
See page 2-2 For background reading about setup options, see “Choosing
Accounts Payable Options,” in Chapter 2 of this manual.
1. Choose the Options icon from the Setup folder to display the
first tab of the A/P Options form:
2. If you want, you can change the entries on the Company tab
as follows:
Setting Up
4. Complete the Processing tab as follows:
You cannot turn off You can turn on the option at any time, but cannot turn it off
the Multicurrency again once you have chosen it and saved the Accounts
option Payable Options form.
When you use the option, you cannot post batches until you
print listings for them, and you must reprint the listings for
any batches you edit.
You can change your choice for this option at any time.
Do not use the option if you want to make sure that exported
batches are posted without changes.
Change entries in the Do not use these options if you want to make sure that
originating program imported and external batches are posted without changes. If
you do not use these options, you must correct batches
containing errors in their source applications and then re-
import them into Accounts Payable.
Required for Keep History. Select this option if you want your company
drilldown database to store details of all posted accounts payable
transactions. This option can be turned on or off at anytime.
If you turn off this option, the system stops storing posted
transactions, but previously posted history remains intact.
See also For more information about retainage accounting, see the
page 2-5 section “Using Retainage Accounting,” in Chapter 2 of this
guide.
See page 2-7 For information about keeping statistics, see “Keep Vendor
and Group Statistics,” in Chapter 2 of this manual.
Use this option when You may want to turn on the option while you are setting up
setting up partway your Accounts Payable system, particularly if you are
through an creating the system partway through an accounting year.
accounting year You can then enter more complete payables records by
adding the statistics from your previous system.
Setting Up
include tax amounts in the invoice totals kept for each
vendor and vendor group. If you do not select this option,
Accounts Payable adds only before-tax totals to the statistics.
Specifying default Aging Periods. Use these fields to set the default time
aging periods periods into which Accounts Payable groups outstanding
transactions or balances for the Aged Payables, Aged
Retainage, and Aged Cash Requirements reports.
Select a default tax Default Tax Amount and Default Tax Base. Select the entry
entry method methods for the tax amount and tax base to be used as
defaults during invoice entry. Accounts Payable also uses the
default tax amount entry method when you enter a new
recurring payable record.
■ Enter. With this method, you must enter all tax amounts
yourself. The program will not make any calculations
automatically for you. However, you can always use the
Setting Up
allocate amounts to the invoice or recurring payable
details.
Default Bank Code. Select the code for the bank account
on which you most often write checks.
You will not see this option on your screen if you do not use
multicurrency accounting.
Note that if you edit check amounts, they will not match the
pre-check register you printed. Use this editing feature on an
exception basis only.
Setting Up
8. Complete the document numbering options as follows:
Define document Document Type, Length, Prefix and Next Number. You
numbers can use up to 22 characters, including prefixes, for Accounts
Payable document numbers.
“Zoom” button If the schedule does not yet exist in Common Services, you
can click the Zoom button, and then create the schedule
using the Schedules form that opens. You can also click the
Zoom button after entering a schedule code to view
information about the schedule.
Setting Up
see the System Manager User Guide.
Create G/L Use these settings to specify when to create general ledger
Transactions transactions:
Use this option during If your general ledger already contains the totals for
setup transactions you will post during setup, you may want to
select this option.
If you do not use This option has an effect only if you use ACCPAC General
ACCPAC General Ledger with Accounts Payable.
Ledger
If you use another general ledger, Accounts Payable places
all general ledger transactions into a single batch file that you
can import into your other general ledger system. It does not
create separate batches for each transaction type.
Use this option during We recommend you select this option during setup, so
setup that the G/L Transactions report provides complete
detail of all the transactions you enter to create opening
vendor account balances. You can then check the report
against source documents and your general ledger
account balances, to be sure you entered all transactions
correctly.
Setting Up
■ Consolidate By Posting Sequence, Account And
Fiscal Period. Accounts Payable combines all details
with the same posting sequence, account number, and
fiscal period into one detail.
13. When you are finished with the last tab of the A/P Options
form, check your entries, then click Save.
You cannot turn off ■ You can select the Multicurrency option at any time, but
Multicurrency cannot turn it off once you select it and save the change.
Change statistical ■ You can change the type of year (fiscal or calendar) and
method at year end period by which you accumulate vendor statistics, but you
should do so only at year-end.
Turning off the ■ You can turn off the Retainage Accounting option only if
Retainage there are no unposted batches that include retainage and no
Accounting option outstanding retainage amounts.
You cannot change ■ You cannot change settings, then save the form, if other
settings while other Accounts Payable forms are open.
Accounts Payable
forms are open For example, you cannot select different options on the
Transactions tab and save the changes when the Invoice
Entry form is in use — either by you or by another user on a
network. An error message appears when you try to save,
and you must close the other forms before you can save the
changes to the A/P Options form.
p This step shows you how to enter all the records you need to
: assign to your vendor accounts when you add them, such as
account sets, 1099/CPRS codes, distribution codes and sets, and
payment terms.
In most cases, you must add these records before you can add
vendor records.
u Everything you need to know or do before adding each type of
record is listed at the beginning of each section.
Setting Up
a The icons you will be using are all in the Accounts Payable Setup
a folder:
■ Account Sets
e ■ 1099/CPRS Codes
o ■ Distribution Codes
d ■ Distribution Sets
■ Terms
■ Optional fields (optional)
While adding these records, you will notice that two fields are
common to all the Setup forms included in this step:
You would not likely use this option when adding records.
Normally, you select it when you have decided to delete a
record, and want to ensure no further vendor accounts are
assigned to it. You can change your selection for the option at
any time.
To change a You can change most of the data in your records if you need to.
record, see Refer to the section, “Modify Accounts Payable Records,“ at the
page 3-36 end of this step for information about how to change or delete
records and about any restrictions that may apply.
Using Help If you need information about the Accounts Payable folder you
are working with, or about any of the fields on the screen, press
the F1 key for help or the Help button. (The Help button appears
on error messages and warnings when the F1 button is inactive.)
Use valid G/L account ■ Be sure your general ledger contains the accounts you want
numbers to assign to account sets in Accounts Payable.
■ Find out the numbers to assign to each account set for these
general ledger accounts:
− Payables control
− Purchase discounts
− Prepayment
− Retainage
See page 2-27 For more information, see “Setting Up Account Sets,” in
Chapter 2.
Setting Up
The Currency Code field
appears only in multicurrency
ledgers. Additional account
fields appear if the account
set does not use the
functional currency.
Starting a new To begin adding a new account set, you can type the code for
account set the set, or you can click the New icon next to the Account Set
Code field.
Currency code Currency Code. If this set will be assigned to vendors who
determines do not use your functional currency, enter the appropriate
vendor currency code.
currency
Multicurrency If you are defining a multicurrency account set that does not
account sets use the functional currency, you must also enter the currency
code and account numbers for the unrealized exchange gain,
unrealized exchange loss, realized exchange gain, and
realized exchange loss accounts.
Add the account set 3. When finished, click the Add button.
Repeat steps 2 and 3 for each account set you want to add.
4. Click Print on the File menu or choose the Account Sets icon
in the Setup Reports folder to print a list of the account sets
you have added to verify that they are correct and complete.
File the report.
1099 forms are used in the United States to report the amount of
purchases from your US vendors. The Contract Payment
Reporting System is a Canadian tax reporting system designed
for reporting payments to Canadian construction subcontractors.
The 1099/CPRS codes specify the boxes on the 1099 form into
which you enter the amount of these purchases. We recommend
that Canadian companies use code 3, Other Income, for vendors
subject to CPRS reporting.
Setting Up
16 State/Payer’s State Number
See page 2-31 See “Setting Up 1099/CPRS Codes,” in Chapter 2, for more
information.
Add the 1099/CPRS 3. When finished, click the Add button. Repeat steps 2 to 3 for
code each code you want to add.
You can group If you have three distribution codes that you always use for the
distribution codes into same vendors, you can group these codes into sets, and identify
sets them with a distribution set code. Distribution sets are covered
in the next section.
See page 2-32 For more information, see “Setting Up Distribution Codes,” in
Chapter 2.
Setting Up
2. Add the distribution codes you need, entering for each:
Add the distribution 3. When finished, click the Add button. Repeat steps 2 and 3 for
code each distribution code you want to add.
You do not have to add distribution sets, but they provide you
with greater data entry efficiency than single distribution codes.
See page 2-33 For more information, see “Setting Up Distribution Sets,” in
Chapter 2.
Setting Up
amounts of the distribution.
Add the distribution 3. When finished, click the Add button. Repeat steps 2 to 3 for
code each distribution set you want to add.
4. Click Print from the File menu or choose the Distribution Sets
icon in the Setup Reports folder to print a list of the sets you
have added to verify that they are correct and complete. File
the report.
You must add at least one terms record before you can enter
Accounts Payable invoices.
1. Choose the Terms icon from the Setup folder to display the
Terms form:
Select:
Setting Up
Due Date Type. Select the method by which your vendor
calculates invoice due dates.
Select:
Using Help If you need help adding the information, press the F1 key to
display Help windows (or click Help on the menu) to find
out how to fill in a particular field or column.
Add the terms code 3. When finished adding a set of terms, click the Add button.
Repeat steps 2 to 3 for each set of terms you want to add.
4. Click Print on the File menu or choose the Terms icon in the
Setup Reports folder to print a list of the payment terms you
added, to verify that they are correct and complete. File the
report.
1. In the Due Date Type and Discount Type fields select Days
From Invoice Date.
Example 3 Invoices are due on the 15th day of the month that follows
(Due on the 15th) the invoice date. (Invoices issued in June are due on
July 15.)
Example 4 (Due in the Invoices are due 30 days after the 15th day of the month
month after the that follows the invoice date. (Invoices issued in June are due
Setting Up
invoice date) on August 14.)
1. In the Due Date Type field select Days from Day Of Next
Month.
4. Press Tab then the Insert key to move to the next line.
When you enter invoices for this type of terms schedule, you set
the due date for the first payment. For example, you can specify
that the first payment is not due for a year from the invoice date.
Example 6 Invoices are due on the date assigned for the range of days
(Due Date Table) in which an invoice was issued. (Invoices dated from the 1st to
the 15th of June are due on July 1, while invoices dated from
June 16 to 30 are due on July 15.)
Standard discounts If your vendor uses standard discount periods for invoices
entered within specified ranges of days, type the discount
percentage for the terms, then complete the Discount Date Table,
as described above for the Due Date Table.
Before adding A/P Before you can define optional fields for use in Accounts Payable,
optional fields you must first set them up for system-wide use in Common
Services. For information on setting up system-wide optional
fields, see the System Manager User Guide.
■ Remit-To Locations.
Setting Up
document headers. Optional fields for document details
are defined separately.)
■ Invoice Details.
■ Payments.
■ Adjustments.
■ Revaluation.
If the optional field does not use validation, you can do one
of the following:
Auto Insert. Select Yes in this field if you want the program
to display the optional field and its default value on the form
for the type of optional field when you set up new records or
enter transactions.
You can now assign the optional fields to vendor, vendor group,
and remit-to location records, or use them in the types of
transactions for which they are defined.
Setting Up
You can modify and delete the following records:
■ Account sets
■ 1099/CPRS codes
■ Distribution codes
■ Distribution sets
■ Payment terms
■ Optional fields
Use the Vendors folder icons to add two types of vendor records:
■ Vendor Groups
■ Vendors
Importing vendor You can import vendor records into Accounts Payable from
records another ACCPAC Accounts Payable database or from a non-
ACCPAC program. You can import everything in the records
except vendor activity statistics.
You can use as many vendor groups as you wish. However, you
must add at least one vendor group before you can add vendor
records.
Multicurrency If you use multicurrency accounting, you must also know the
ledgers rate type to use for the group, and you must assign an account
set that uses the same currency as vendors you will assign to the
group.
Adding statistics If you want to enter statistics for vendor groups, first turn on the
Allow Edit Of Statistics option on the Processing tab of the A/P
Options form.
See page 2-41 For more information, see “Defining Vendor Groups” in
Chapter 2.
Setting Up
If editing, see You can change most of the entries you make in a vendor group
page 3-46 record if you need to. Refer to the section, “Modify Vendor
Groups,” at the end of these instructions for information about
editing or deleting vendor groups and about any restrictions that
may apply.
Group Code. Type the code that identifies the group, using
up to six characters. Then press the Tab key to move to the
description field, and type a description (name) for the
vendor group.
You do not see this field if you do not use the Multicurrency
option.
Setting Up
default when you add an invoice.
Tax Group. Select the tax group with the taxes that are
applied to the purchases you make with vendors in this
group. The taxing authorities in the group appear on the
screen so you can enter tax classes for each authority.
Tax Class. Select your tax class with each tax authority. You
can change the classes for individual vendors and on
invoices.
Setting Up
Optional fields that are set up for automatic insertion in
vendor group and vendor records automatically appear on
this tab, along with their default entries.
You can accept the optional fields that appear or you can
delete them, and you can accept or change any default
entries that appear:
Use the Finder Optional Field. Use the Finder to select the optional
field codes you want to use with this vendor group.
Add the record 6. When you finish entering information for the vendor group,
click Add to add the record. You should enter group
statistics after you have added vendors and posted current
invoices to vendor accounts.
If you also added statistics, use the same menu choice or icon to
print the Vendor Group Statistics report. Check the reports to
verify that your vendor group records are correct and complete,
then file them.
You can change and delete vendor groups as needed, with these
restrictions:
■ You can edit group statistics only if you use the Allow Edit
Of Statistics option.
Add Vendors
You must add vendor records before you can enter and process
transactions in Accounts Payable.
− Vendor Group
− Tax Group
Setting Up
Adding statistics If you want to enter statistics for vendors, select the Allow Edit
Of Statistics option on the Processing tab of the A/P Options
form before you continue.
See page 2-44 For more information about vendor records, see “Adding
Vendors” in Chapter 2.
To add a vendor:
You must enter a name for each vendor before you can add
the record.
See page 2-48 For information about using short names, see the section,
“Entering Short Names,” in Chapter 2.
Remit-to addresses You can add a separate remit-to location for any vendor,
which Accounts Payable will use automatically as the
payment address. See Step 7, “Add Remit-to Locations,”
later in this chapter.
Start Date. Type the date when you first started using this
vendor.
3. When finished, click the Contact tab, then enter the contact’s
name, telephone number, fax number, and e-mail address.
(This information is optional.)
Setting Up
5. Fill in the Processing tab as follows:
Account Set, Terms Code, Bank Code. The codes you see
in these fields are the codes that were assigned to the vendor
group you selected. You can change them on this tab.
Setting Up
code.
Tax Group. Select the code for the tax group to which you
belong when invoiced by this vendor. The taxing authorities
in the group appear on the screen so you can enter tax
classes for each authority.
Tax Class. Select your tax class for each of the tax
authorities in the tax group.
To see all tax If necessary, you can display more information by dragging
authorities the edges of the form to enlarge it.
Setting Up
Optional Fields Optional vendor fields that are marked for automatic
insertion appear on the tab, along with their default values.
Enter vendor 9. The Comments tab lets you add miscellaneous information to
comments the vendor record.
Add new To enter more than one comment for the same date, use the
comments New button for each comment (otherwise, you will edit an
existing comment, rather than add new comments).
Add the vendor 11. When finished, click Add to add the vendor to your records.
record Repeat the preceding steps for each vendor you want to add.
Add vendor statistics If you want to enter statistics for the vendor, see “Step 10:
and activity later Add Vendor and Vendor Group Statistics,” later in this
chapter. You should enter all your vendor records and the
current-year transactions before entering vendor statistics.
12. Click Print on the File menu or choose the Vendors icon in
Setting Up
the Setup Reports folder to print a list of the records you
added.
If you added vendor statistics, use the same menu choice or icon
to print the Vendor Statistics report. Check the reports to verify
that your vendor records are correct and complete, then file
them.
When you finish adding your vendor records, you should check
data integrity and make a backup copy of the data, to ensure that
you do not have to add the records a second time.
■ You can edit vendor statistics only if you use the Allow Edit
Of Statistics option.
Multicurrency ■ You can change the vendor group, account set, and tax
ledgers group assigned to a vendor, but only to another vendor
group, account set, or tax group that uses the same currency.
See page 2-53 For more information, see “Adding Remit-to Locations” in
Chapter 2.
To revise a You can revise most of your entries whenever you need to. Refer
location, see to the section, “Modify Remit-To Locations,” at the end of this
page 3-59 step for information about changing or deleting remit-to
locations and about any restrictions that may apply.
Using Help Remember to press F1 to use Help when you want information
about fields and tabs in the Remit-To Locations form.
3. Click the New button to open a new record for the vendor.
Setting Up
The Address tab, the first tab of the Remit-To Locations
record, appears as follows:
6. When finished, click the Contact tab, and enter the name,
telephone and fax numbers, and an e-mail address for a
contact person at the remit-to location.
See page 2-54 For information about optional fields, see “Assigning
Optional Fields to Remit-to Locations” in Chapter 2.
Add the remit-to 8. When ready, click the Add button. Repeat steps 2 through 6
location for each remit-to location you want to add.
Setting Up
A
type new information in the fields you want to change.
d
d You can change all the information in a record except the
R remit-to code. To change this code, you must add another record
ec using the new code, then delete the record you no longer need.
u
rr When finished modifying a record, click Save to confirm your
in changes.
g
P To delete a remit-to record, select the vendor number and
a remit-to code for the record, then click Delete.
y
a
bl Step 8: Add Recurring Payable Records
e
R Before you can process a recurring payables batch, you must
ec create recurring payable records in the Recurring Payable Setup
or window. This step guides you through the process of adding a
d recurring payable record.
s Note that you must have Invoice Batch Entry security access to
be able to add, modify, or delete recurring payables records.
Note that the code and the vendor number together identify
the recurring payable record. Therefore, you can use the
same recurring payable code for different vendors.
Start Date. Enter the date that the recurring payable for this
vendor begins.
Setting Up
Expiration Type. Select either No Expiration Date or
Specific Date.
The rate type from the vendor record appears as the default,
but you can enter a different rate type if you wish.
You cannot edit this field, but you can clear it during year-
end processing.
The due date, discount date, and discount amount for the
invoice is determined by the terms code.
Setting Up
options:
7. For each detail, click the detail line, then click the
Accounts/Taxes button to display the Detail
Accounts/Taxes form.
Setting Up
Discountable. The Discountable status for the distribution
code appears as the default in this field, but you can change
the status for a selected recurring payable detail.
Assign optional fields Optional Fields. If you use ACCPAC Transaction Analysis
to details and Optional Field Creator, click the Zoom button beside the
Optional Fields indicator to open a separate Optional Fields
form where you can assign optional fields to the detail.
The form displays any invoice detail optional fields that are
set up for automatic insertion. You can accept or delete
optional fields that appear as defaults. You can also assign
different invoice details optional fields, and you can change
the entries for any fields that appear on the tab.
See page 2-37 For an overview of optional fields, see “Setting Up Optional
Fields” in Chapter 2.
Assign invoice This tab lets you assign invoice optional fields to the recurring
optional fields to the payable document. (These optional fields are assigned at the
payable document document level, unlike the invoice detail optional fields you
may have assigned in step 7.)
Setting Up
key.
Note that with this entry method, you must ensure that
the sum of the amounts you enter for the details equals
the totals you enter on the Tax/Totals tab. If the amounts
are different, Accounts Payable displays an error
message and will not let you add or save the recurring
payable record.
11. For each tax authority, accept or change the fields on the tax
grid, as follows:
Tax Included. You can change the Tax Included option only
if the option Allow Tax in Price option is selected for the tax
authority in Tax Services.
Setting Up
If you selected Calculate (or Distribute) as the entry methods for
both the tax amount and tax base, you can add or save the
recurring payable record now. (You cannot change the detail
tax amounts or bases.)
Distribute taxes If you selected Enter as the method for the tax amount, ensure
manually that the sum of the amounts and bases you entered for the
document details equals the total on the Tax/Totals tab. (If
you selected Distribute for the tax base, you cannot change
the detail tax bases.)
If you selected Enter as the method for the tax base and Distribute
for the tax amount, ensure that the sum of the bases you
entered for the document details equals the total on the
Tax/Totals tab.
■ You have already added the tax groups, tax authorities, tax
classes, and tax rates you will use with Accounts Payable.
■ You have selected the options you wish to use to enter and
edit vendor and vendor group statistics in the steps that
follow. Some of these statistics will be created as you post
the setup transactions.
You must decide on the amount of detail you need for each
vendor and invoice. In many cases, you will only want the
outstanding balance in your new ledger; for some invoices, you
may want the original amount, plus every payment, credit note,
or adjustment applied to it. The more detail you want, however,
the more time it will take you to set up your records.
Setting Up
There are also other methods you may want to use to set up your
system. For example, you can start your Accounts Payable
system as an all-new system, entering only new invoices and
other transactions that occur after set up. You then run two
payables systems, processing existing invoices in your previous
system until they are all completed, before switching entirely to
ACCPAC Accounts Payable.
This method also does not let you initially use Accounts Payable
to print complete payables reports, and may cause confusion
about which system to check when tracking transactions — but if
all your payables are short-term, this method may provide an
easier transition.
Turn off tax tracking 1. Select No Reporting for the Tax Tracking option in all the tax
authorities you use with Accounts Payable.
See the Tax and Bank Services User Guide for information
about selecting options for tax authorities.
See the Tax and Bank Services User Guide for information
about defining banks.
Create general 3. If you have not already done so, select On Request Using
ledger batches Create G/L Batch Icon for the Create G/L Transactions
“On Request” option on the G/L Integration tab of the A/P Options form.
Prepare and enter 4. Create one invoice for the amount of each invoice that is
invoices currently outstanding. Make sure you enter the correct
document dates and terms, so that the transactions are aged
correctly.
Use the SETUP bank Use the SETUP bank code with each batch of payments you
create.
Do not select Print Do not select the Print Check option for any of the payments
Check you enter. Record the number of the check in the check
number field.
Set batches 7. When the batches are correct, select the Ready To Post option
Ready To Post for each batch in the Accounts Payable Invoice Batch List
form.
9. Choose the Post Batches icon, then post all invoice and
adjustment batches.
10. Choose the Payment Batch List icon from the A/P
Transactions folder, select the payment batch you want to
Setting Up
post, then click the Print/Post button.
You can post only one payment batch at a time. If you have
more than one payment batch, use the Print/Post button to
post each additional batch.
15. Choose the Create G/L Batch icon from the Periodic
Processing folder, then create the general ledger transactions
for the batches you posted.
17. File the batch listings, posting journals, and other reports
you printed in these steps as part of your setup records.
18. Check the G/L Integration tab of the A/P Options form to
see whether you want to change your selections for any of
the options, such as the Append G/L Transactions To
Existing Batch option and the Consolidate G/L Batches
option.
a) Make a bank entry for the total check amount sent to the
bank by your Accounts Payable setup transactions (if
you entered payments).
See the Tax and Bank Services User Guide for instructions
about reconciling and deleting banks.
Setting Up
■ If you use ACCPAC General Ledger, follow the instructions
in the General Ledger User Guide. The batches will appear as
open General Ledger batches, and you must set General
Ledger to Allow Edit Of Imported Entries, on the Posting tab
of the G/L Options form.
If you do not have ACCPAC General Ledger, you can import the
General Ledger batches into another computerized general
ledger, or use your copy of the G/L Transactions report to
manually enter the transactions in your general ledger.
tep Step 10: Add Vendor and Vendor Group Statistics (Optional)
10:
Add After you post transactions to set up the current balances in your
Ven vendor accounts, you may want to add account totals from
dor earlier periods and years as statistics in the vendor records.
nd
Ven Before adding vendor statistics, you must:
dor
■ Add records for vendors and vendor groups.
Gro
up ■ Select the Allow Edit Of Statistics option on the Processing
tati tab of the A/P Options form.
tics
See page 2-50 For more information, see “Using Vendor Statistics” in Chapter 2.
To add statistics:
2. Enter the number of the vendor for whom you are adding
statistics, or choose the number from the Finder.
Year. Type the year for which you want to add statistics, or
use the Finder to choose the year.
Choose the period Period. Type the period for which you want to add statistics,
or select it using the navigation buttons.
Setting Up
Count. Type the number of invoices, payments, credit
notes, and other transaction types that were processed for
the vendor in the period.
10. Click Print on the File menu or choose the Vendors icon in the
Vendor Reports folder.
Add vendor group 13. Use the Vendor Groups form to enter statistical totals for all
statistics vendors in each of your vendor groups. You enter only
period statistics for vendor groups. No activity statistics are
kept for groups.
14. Click Print on the File menu or choose the Vendor Groups
icon in the Vendor Reports folder.
15. Check the report to be sure the totals for the vendor group
equal the totals for the vendors in the group. Correct any
errors, either in the vendor group record or the individual
Setting Up
vendor records.
16. If desired, turn off the Allow Edit Of Statistics option on the
A/P Options form to prevent accidental changes to the
statistics.
Pay From Bank. Select the bank on which you are writing
the checks.
Multicurrency If you have a multicurrency ledger, you also select the bank
ledgers currency and the vendor currency.
Setting Up
5. Choose whether you are taking early payment discounts.
Accounts Payable gives you the following choices:
The due date you enter when you create a check batch in
each case is the latest date up to which you want transactions
to be included. At batch creation, you must also enter a date
indicating how far back you want to take discounts. The
program will ignore discounts that ceased to be available
before the date you enter.
8. Click the Exclusion tab. The Exclusion tab lets you list
vendors that you want to exclude from the check run.
Add the payment 10. When ready, click the Add button. Repeat the preceding
selection code steps for each payment selection code you want to add.
11. Click Print on the File menu or choose the Payment Selection
Codes icon from the Setup Reports folder to print a list of the
selection criteria you added. File the report.
ep
2: Step 12: Design Checks, Payment Advices, Labels, and Letters
esig
ACCPAC Accounts Payable includes sample report formats for
hec checks and payment advices, letters, and mailing labels. You can
s, adapt these reports to print on the check forms you send to your
aym vendors, or you may want to create your own formats.
nt
Accounts Payable provides six check and advice formats that
dvi
you can use or modify:
es,
abel APCHECK.RPT — Check-Advice format for dot matrix printers
and (8.5"x7").
etter
APCHK01.RPT — Advice-Check-Advice format for laser
printers (8.5"x11").
Form Consider…
Setting Up
APCHK01.RPT With most printer drivers, this form prints
16-lines in each advice section.
Enter 16 in the Advice Lines Per Page
column, or the number of lines your
printer driver prints in each advice section
APCHECK.RPT With most printer drivers, this form prints
and 13 advice lines in the advice section.
APCHK02.RPT Enter 13 in the Advice Lines Per Page
column, or the number of lines your
printer driver prints in the advice section
APCHK03.RPT, With most printer drivers, this form prints
APCHK011.RPT, 18 lines in the advice section.
and Enter 18 in the Advice Lines Per Page
APCHK14.RPT column, or the number of lines your
printer driver prints in the advice section.
You select the checks you want to use when you set up bank
accounts in Bank Services.
See the System Manager User Guide for examples of the default
checks and advices you can print with Accounts Payable, and
lists of the types of data you can print from your vendor records.
Where To Now?
Test reports with Before you begin processing transactions, you should test your
sample data check formats by printing on the forms you use. The easiest way
to test printing is to use the sample data that comes with
Accounts Payable.
Use Payment Entry to ■ Use the Payment Entry icon from the A/P Transactions
test checks folder to print checks. See Chapter 5 of the User Guide for
instructions.
Use the 1099/CPRS ■ Use the 1099/CPRS report icon from the Vendor Reports
report icon to test folder to print 1099 forms and reports on CPRS vendor
1099/CPRS reporting payments.
Use the Letters/ ■ Use the Letters/Labels report icon in the Vendor Reports
Labels report icon to folder to test labels. See the System Manager User Guide for
test labels instructions on creating label formats to match the printer
you use.
W
he Where To Now?
re
To Your Accounts Payable system is now ready to use. Refer to the
No User Guide for information about entering transactions and
w? operating your Accounts Payable system on a daily basis.
Chapter 4
Tutorial
Before You Begin............................................................... 4–2
Sample Company .............................................................. 4–3
Features of the Tutorial Lessons ................................................. 4–3
Starting the Sample Data........................................................ 4–4
Lesson 1: Enter an Invoice ...................................................... 4–6
Open the Invoice Entry Form ................................................ 4–7
Create a New Batch ........................................................ 4–8
Use the Finder to Look Up Vendor Numbers .................................. 4–9
Add Invoice Header Information ........................................... 4–10
Distribute Invoice Amounts ................................................ 4–13
Enter and Distribute Invoice Tax Information ................................ 4–16
Changing the Payment Terms .............................................. 4–18
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Use Optional Fields........................................................ 4–19
Edit Exchange Rates ....................................................... 4–20
Check Invoice Totals ....................................................... 4–21
Add the Invoice ........................................................... 4–22
Enter Prepayments with Invoices ........................................... 4–22
Lesson 2: Edit an Invoice to Add a Payment Schedule ............................ 4–25
Lesson 3: Add a Credit Note ................................................... 4–28
Enter Batch and Document Information for the Credit Note ................... 4–29
Lesson 4: Print and Post an Invoice Batch ....................................... 4–32
Print a Batch Listing ....................................................... 4–33
Post an Invoice Batch ...................................................... 4–36
Print a Posting Journal ..................................................... 4–38
Reset the Printing Destination .............................................. 4–40
Lesson 5: Enter and Apply Payment Transactions ................................ 4–41
Enter a Payment Using the “Direct” Mode for Payment Application ............ 4–44
Edit Exchange Rates ....................................................... 4–47
Apply a Credit Note to an Invoice Using the “Select” Mode
for Payment Application ............................................... 4–49
Print a Batch Listing ....................................................... 4–52
Chapter 4
Tutorial
This chapter contains seven lessons designed to familiarize you
with the Accounts Payable tasks you are most likely to perform.
The lessons also give you experience with Accounts Payable
before you start to work with your own data, and help you learn
how to use ACCPAC tools such as Help and Finders.
Tutorial
■
payments.
You can also use the sample data to try out Accounts Payable
features you might want to use, without affecting your own data.
We suggest that you briefly review the lessons and select those
that are most useful to you. You can skip lessons that discuss
tasks you will not be doing, and wait to do others if you have
difficulty using the form.
Update sample data If more than one person will do the tutorial, reinstall the sample
data to refresh it for each new learner. To install or reinstall the
sample data, follow the instructions in Chapter 3 of the System
Manager Administrator Guide.
Print out the chapter If you don’t have a printed version of the Getting Started manual,
for easy reference print out the online version of this chapter so you can refer to it
easily while doing the lessons.
Sample Company
Sample Company
The tutorial lessons use data from “Sample Company,” a
fictional company that sells office furniture and supplies.
If you do not have G/L installed, you will not see account
descriptions in many data entry forms.
Tutorial
additional fields and tabs that appear in a multicurrency ledger,
and clearly mark all information that applies to multicurrency
ledgers only.
Tools used in The first lesson contains specific instructions for moving
ACCPAC through Accounts Payable forms using either a mouse or a
keyboard. Later lessons provide more general information, and
assume that you have already learned how to operate
ACCPAC.
Using Help If you have questions while doing these lessons, remember to use
the Help key (F1) to find more information or instructions about
using ACCPAC Accounts Payable. If you need information
about using Help, click Using Help on the Help menu.
4. In the Session Date box, type June 30, 2010, in the date
format your company uses.
5. Click OK.
The Sample
Company desktop
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6. To display Accounts Receivable folders and icons, click the
Accounts Payable folder displayed in the list on the left.
The Accounts
Payable folder
The Accounts Payable folder contains the icons for all the
Accounts Receivable forms you can use.
■ Press and hold down the Alt key, then press the F4 key.
In this lesson, you will add and distribute the invoice, using the
Invoice Entry form.
You will also use the Invoice Entry form to add a credit note
from another vendor.
Figure 4.1, later in this section, shows the invoice from Grant
Office Supplies.
Tutorial
2. Choose the Invoice Entry icon to open the Invoice Entry
form.
The Document tab
of the Invoice Entry
form, ready to enter
a new invoice
A Use these tabs to display other information for the invoice. The
Rates tab appears in multicurrency ledgers, letting you change
the invoice exchange rate, rate date, and rate type. If you use
Transaction Analysis and Optional Field Creator, you can use the
Optional Fields tab to add additional information for the invoice.
When you are working with your own data, you may want to
write the batch number on the source documents you use for the
batch.
1. Using your mouse or the Tab key to move from field to field,
fill out the batch header information as follows.
Using the batch The batch description is part of the information that is
description displayed for the batch in the Batch List form.
If you do not know the number for a vendor, use the Finder. The
Finder is the main lookup tool that is used throughout ACCPAC.
If you know how to use the Finder, you can skip to the heading
Tutorial
“Add Invoice Header Information,” in the following section.
If you do not know how to use the Finder, you should read
this section.
Using the To display the Finder, click the Finder icon next to the Vendor
Finder Number field, or press F5 in the Vendor Number field.
Note: The Finder works only for the fields that have a Finder
button. If you are using F5 to display the Finder, you must first
make sure that the cursor is in the correct field.
When you choose the Finder in the Vendor Number field, the
following form appears:
Click the Maximize button to enlarge the Finder form to list more
vendor records at a time, if required.
Choose a vendor To choose from the Finder, double-click the vendor you want, or
use the Down Arrow key on your keyboard to highlight the
vendor, then press Enter.
Search for a vendor In large databases, you can refine your search so that the Finder
record displays a short list rather than a long one you have to scroll
through. For example, you can search for a vendor name that
meets certain criteria, as follows:
4. Double-click the line with the vendor you need or use the
arrow keys to move to that line, then click Select.
information from the top of the invoice that applies to all the
invoice details — such as the address, the terms, the order
number, and so on.
You do not have to choose the New button when you are
adding the first document in a batch, although you have to
choose New for each additional document in the batch.
This is the description for the invoice. You can also enter a
brief description with each distribution for this invoice.
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Vendor Number. Select Grant Office Supplies from the
Finder list, or type 1580, the vendor number for this vendor.
Zoom button To check the name and address in the vendor, click the
Zoom button beside the Vendor Number field. You can also
press the F9 key in the field.
Checking the Remit-To. To see the address to which you send invoice
shipping location payments to the vendor, click the Zoom button next to the
Remit-To field, or click the field and press F9.
Assigning the invoice Document Number. Type IN135187. (The number 135187
number is the vendor’s invoice number, to which “IN” has been
added.)
Accounts Payable uses the document date to set the due date
for invoices, to age credit notes and debit notes, and to look
up exchange rate information if the vendor’s currency is
different than your functional currency.
Changing the year If you need to change the year and period, use the right and
and period left arrow keys to switch between Fiscal Year and Period
fields, then type your entries manually, or select the fiscal
year and period from the drop-down list for the field.
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Accounts Payable also lets you define distribution sets, which are
made up of several distribution codes. When you use a
distribution set, you select the set, enter the amount to be
distributed to the set, then create the distribution.
Experiment If you have a mouse, you can change the width of the Account
with columns Description column by selecting the line between the titles of the
Account Description column and the Amount column.
Hold down the left mouse button, and drag the column
boundary to the right, so you can see the entire Account
Description column.
Tutorial
b) Press the Enter key.
b) Type furn.
6. Select the Amount field on the second line, and type 700.00
as the amount of the second distribution, then press Tab.
The tax group determines the tax authorities used on the invoice.
You can change the tax group, if necessary.
You can select a different tax class and you can change the Tax
Included status, if the tax authority permits it.
You cannot edit tax authorities and tax rates. (They are defined
in Tax Services.)
The entry methods you choose for the Tax Amount and Tax Base
fields let you control the way taxes can be entered:
■ If you select Enter, you can enter the total tax amounts
manually and distribute the tax for the details.
In this section, you will manually enter the tax totals from the
sample invoice.
Tutorial
2. Leave the tax group as it is.
Note that tax is not included in prices for the tax authorities.
You can also change your tax class for this invoice by
selecting or entering a different class in the Vendor Tax Class
column.
4. Move to the Tax Amount field for the first tax in the list, and
type 186.13 as the tax amount. You can do this by:
Check the 7. To see that the document total is now fully allocated, check
distributions on the the detail distribution grid on the Document tab.
Document tab
2. Click the Terms Code field, then click the Finder button or
press the F5 key.
Tutorial
3. Select N30 (Net 30) for the payment terms.
The N30 terms code does not provide for a discount, so the
Discount (Disc.) Date field is blank, and the Discount
(Disc.)% and Discount Amount (Disc. Amt.) fields contain
zeroes. If Grant Office Supplies offered a discount on this
invoice, you could enter the discount date and the percent or
amount in these fields, and you could also change the
discount base, if different from the invoice total net of tax.
You can use these fields to add any extra information from
invoices to the database for permanent storage.
Multicurrency If you are using the multicurrency sample data, click the Rates
ledgers tab.
All amounts are in ■ Amounts on an invoice — including the document total and
vendor currency tax amounts — are always in the vendor’s currency.
Tutorial
regardless of currency.
Keep in mind that you can pay an invoice in any currency you
use, but you always enter it in the vendor’s currency.
Click the Totals tab to compare the totals on the Invoice Entry
form to the amounts on the sample invoice.
? This section helps you check the invoice totals against those on the
source document.
@ The tax summary shows you where the tax has been distributed. This
is especially useful if you have recoverable or separately expensed
tax; in which case, the amounts allocated on the Document tab do
not match the total tax amounts.
Note: You must add the invoice before you can choose the
Prepay button.
The Prepayments
form — when you
select or create a
batch, Accounts
Payable fills in the
fields for the
prepayment
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To open an existing batch, either:
3. Using your mouse or the Tab key to move from field to field,
fill out the Payment Entry form as follows:
7. Click the Close button to close the Payment Entry form and
return to Invoice Entry.
What next? With this step, you finish adding the invoice. If you wish to
start Lesson 2 or Lesson 3, leave the Invoice Entry form open. If
you do not want to enter further transactions in the Invoice
Entry form, go to Lesson 4 to print the batch listing for the
batch you created, post the batch, and print the posting journal.
If you want to take a break or do another lesson that does not use
Invoice Entry, click the Close button to leave the form.
■ You can use the Finder to search for vendor records and
G/L account numbers.
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■ You can use the Totals tab to check taxes and invoice totals
while you are entering the invoice.
■ You can change the rates used to calculate tax amounts only
in Tax Services. (However, you can change the tax amount
for the invoice.)
invoice, however, you must define a terms code that uses the
Multiple Payment Schedule option.
In this lesson, you reopen the invoice you added in the last
lesson, change the terms code, create a payment schedule, and
set the due dates for the payments.
If you have not already done so, read the section, “Setting Up
Terms,” in Chapter 2 in this manual, and the section, “Assigning
Multiple Payment Schedules to Invoices,” in Chapter 2 in the
User Guide.
The first three steps of this lesson show you how to open an
existing invoice so that you can change the terms code to a code
that creates a payment schedule.
Until you post a batch, you can add, delete, and modify
transactions, change any of the information associated with the
batch, and even delete the entire batch.
3. Select entry 1, the invoice you added for vendor 1580, Grant
Office Supplies.
4. Select the Terms tab, and change the terms to P90, a payment
schedule with three payments.
When you enter the new terms code, the details for a single
due date disappear from the tab and a payment schedule
appears instead.
Tutorial
5. Make sure the As Of Date is June 24, 2010, to match the
invoice date. If it is not correct, enter the correct date.
In this lesson, you will enter a credit note, and you will have the
program calculate the appropriate tax.
Create a 2. Click the “New” button beside the Entry Number field.
Tutorial
new entry
3. Type a description for the credit note, such as “Inv135187 -
two damaged chairs.”
4. Enter 1580 as the vendor number, then press the Tab key.
Document type is 5. Select Credit Note as the document type. (You can either use
Credit Note your mouse to select the document type or, with the
insertion point in the Document Type field, press the Down
Arrow key until Credit Note is displayed.)
Assign a credit note 6. Grant Office Supplies’ credit note does not have a number,
number so type CN135187. (135187 is the number of the invoice to
which this credit note applies.)
8. Make sure the year is 2010 and the period is 6. This is the
year and period to which the credit note will be posted.
“Apply To” is blank 9. Leave the Apply To field blank. You can select only posted
documents in the Apply To field, and you have not yet
posted the Grant Office Supplies invoice. You can apply the
credit note later.
13. Select (or accept) Calculate in both the Tax Amount and Tax
Base fields.
In this credit note, the tax is added to the cost of the chairs,
so leave Tax Included as “No.”
Your tax amounts Note: Your taxes may differ from the amounts illustrated
may be different here — especially if you are using the multicurrency sample
data, or if you change the tax group for the vendor. Use
these numbers as a guideline only for balancing your own
Tutorial
credit note.
1. Print and check the batch listing. Correct the batch entries, if
necessary, then reprint the listing.
This lesson guides you through these steps, and shows you how
to print to your screen, in case it is not convenient for you to
print tutorial exercises to a printer. You can use a printer if you
prefer.
Choose Preview as ■ Select Preview as the print destination (to print the report to
the print destination the screen), as follows:
3. Choose OK.
Force Listing Of All If you select the Force Listing Of All Batches option on the
Batches option Vendor tab of the Options form, you must print all transaction
batches before you can post them.
There are two ways to open the Batch Listing Report form:
■ Select the batch on the Invoice Batch List form, and then
choose Print.
The steps in this section assume you are printing to your screen.
Tutorial
Sample Company would not normally print batch listings on the
screen because the company requires hard copies of listings for
its audit trail.
Note: Because the system treats all print destinations the same,
printing to the screen satisfies the Force Listing Of All Batches
option (if you selected it on the Options form). Therefore, if you
use Print Preview as your print destination, make sure that you
obtain a hard copy of all batch listings.
3. Choose Print from the File menu to open the Batch Listing
Report form, or click the Print button.
Tutorial
When the report appears, notice that the date at the top left
is today’s date. For audit purposes, Accounts Payable uses
the computer’s current date — not the program’s session
date.
You can drag the edge of the form to view more of the
report, or you can change the zoom percentage on the
toolbar.
10. Click the Close button on the Batch Listing Report form
(where you chose your print options) to return to the Invoice
Batch List.
You can post invoice batches from the Invoice Batch List form or
from the Post Batches form.
If you are posting more than one batch, you can use the Post
Batches form.
■ Deletes the contents of the batch if you have not selected the
Keep History option; otherwise, it changes the batch status to
posted and prevents further batch editing — keeping data
strictly for lookup purposes.
Backing Up When you work with your own data, you should back up before
posting. The posting process can take some time to complete,
increasing the risk of damage to data through a power surge or
equipment failure.
Tutorial
administrator or supervisor before backing up data.
To post a batch:
If the batch is not set Ready To Post the program will ask if
you want to post the batch.
1. Open the Invoice Batch list form, and set the batches Ready
To Post.
Tutorial
Select Posting Journal. Select Invoice.
You can use the number to track the details from the G/L
Transactions report back to the source documents, if you do
not consolidate details during posting.
Reprinting journals When you print journals for a range of posting sequences,
Accounts Payable automatically omits journals you have
already printed. If you want to reprint all the journals in the
range of posting sequence numbers, select the Reprint
Previously Printed Journals option.
Include G/L Detail You can also select the option to print the G/L reference and
Ref/Desc. description for each transaction, if you wish to include this
additional information.
3. Click OK.
■ You can print batch listings either from the Batch List form
or by choosing the Batch Listing icon from the Transaction
Reports folder.
■ You can print a listing for one batch or for a range of batches.
■ You should reprint the batch listings for every batch you
edit. You must reprint listing before posting if you use the
■ You must set a batch Ready To Post from the Invoice Batch
List form before you can post it.
■ You can post batches using either the Post Batches form or
the Invoice Batch List form. If you wish to post a range of
batches, you must use the Post Batches form.
Tutorial
Lesson 5: Enter and Apply Payment Transactions
Accounts Payable provides two forms for creating payment
entries:
■ The Payment Entry form lets you enter and print single
checks for vendors.
This lesson shows you how to use the Payment Entry form to
enter payments and print checks.
You use the Payment Entry form to perform any of the following
tasks:
Tutorial
? The bank code identifies the bank account from which you will
draw the payments.
Batch Date. Type June 30, 2010 in the date format your
company uses, or select the date from the drop-down
calendar.
Direct mode works best when you know the number of the
invoice you are paying, because it provides the quickest data
entry.
This step shows you the most common way to add a payment for
an invoice when you know the invoice number. You will enter a
check and use Direct mode to apply the payment.
To add a payment:
You do not have to choose the New button when you are
adding the first document in a batch, although you have to
Tutorial
check language.
Date. Type June 30, 2010, in the date format your company
uses. This is the date that will appear on the check.
Remit-To. Leave the Remit-To field as is. This field lets you
specify a different payee than is listed in the vendor record.
Print Check. Select this option so you can print the check
from Accounts Payable.
You use Direct mode when you know the number of the
document to which you are applying the invoice, or when
you have so many vendor documents that it is faster to look
them up in the Finder than to scroll through them at the
bottom of the screen.
The above column widths have been adjusted so you can see
all the information.
When Accounts Payable inserts the new line, you will notice
that it updates the Vendor Applied amount and the Check
Tutorial
Amount:
The next section (after “Edit Exchange Rates”) shows you how to
use the Select mode of payment application to apply a posted
credit note to a posted invoice.
The Rates button appears only if the bank currency or the vendor
currency is different from the functional currency. You click the
Rates button to open the Rate Override form, where you can edit
exchange rates.
Multicurrency If the bank currency and the vendor currency are the same
payment application as the functional currency, the Rates button does not appear.
If both the bank currency and the vendor currency are the
same, the Rate Override form allows you to enter one rate,
identified as the Bank Rate (This rate field applies to both the
Bank and Vendor exchange rates.)
Tutorial
Apply a Credit Note to an Invoice Using the “Select” Mode for
Payment Application
This step shows you how to apply one document to another
using the Payment Entry form. It also shows you how to use
Select mode on the Payment Detail screen (where in the last
section you used Direct mode).
To apply a document:
■ Open the last payment batch by clicking the Last button next
to the Batch Number field.
■ Click the New button beside the Entry Number field to create
a new payment entry.
Click the down arrow beside the field, then select the
transaction type from the drop-down list, or tab to the field
and then press the “A” key.
Date. Type June 30, 2010, in the date format your company
uses, or select the date from the calendar. This is the date of
the transaction for statistical purposes.
7. Choose Select from the Mode box (it is the default choice).
You know the number of the invoice to which you are going
to apply the credit note, but you can check to see whether a
payment has already been entered — but not yet posted —
for this invoice.
Tutorial
Note that payments previously made for IN135187 and
IN158135 are “Pending” — which means they have not been
posted yet.
Or
Force Listing Of All If you select the Force Listing Of All Batches option on the
Batches option Vendor tab of the Options form, you must print listings of all
transaction batches before you can post them.
■ Select the batch on the Payment Batch List form, then choose
Print.
■ Choose Print from the File menu on the Batch List form.
The steps in this section assume you are printing to your screen.
3. Select Print from the File menu, or click the Print button to
open the Batch Listing form.
5. Use the Finder to select the number of the batch you created
earlier in this lesson. Enter the same number in both the
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From and To Batch Number fields.
9. If you have set the screen as your print destination, click the
close button in the upper right corner to close the form.
10. Click the Close button on the Batch Listing Report form
(where you chose your print options) to return to the
Payment Batch List form.
11. If you found mistakes in the batch, open the Payment Entry
form, select the document by typing its entry number in the
Entry Number field, correct any errors, then reprint the
batch listing.
■ Print a check.
Tutorial
which the prepayment applies by document number (invoice
number), PO number, or sales order number.
Later, when you post the invoice, Accounts Payable will try to
match it up to the prepayment by using the number you enter. If
it cannot match the prepayment (because the number is
incorrect), you can use the Apply Document transaction type to
apply the prepayment.
To add a prepayment:
2. Select the last payment batch by clicking the Last button next
to the Batch Number field.
3. Click the New button beside the Entry Number field to start
a new entry.
Click the down arrow beside the field, then select the
transaction type from the drop-down list.
Date. Type June 30, 2010 in the date format your company
uses, or select the date from the drop-down calendar. This is
the date of the transaction for aging purposes (unless you
age prepayments as current).
7. Type 26700 in the Apply Payment To field. You can use the
Finder to see the PO numbers in invoices that have already
been posted.
10. Once you have edited the Activation Date, choose the Add
button to add the transaction.
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When you add the transaction, Accounts Payable assigns a
prepayment document number, using the prepayment prefix
and next sequence number specified in the Options form.
The number appears in the Prepayment Doc. Number field.
2. Click the Last button next to the Batch Number field to select
the last payment batch.
3. Click the New button beside the Entry Number field to start
a new entry, and type Donation - Flood Relief in the
description field next to the entry number.
Click the down arrow beside the field, then select the
transaction type from the drop-down list.
5. Press Tab to move to the Date field, and type June 30, 2010
in the date format your company uses. This is the date that
will appear on the check.
6. The Remit-To field contains the name of the payee for the
check.
Press Tab after typing the city name, then press F9 again, or
choose the Close button.
When the popup form disappears, you will see the name you
typed in the Remit-To field.
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Enter payment distribution
lines here.
11. Press Enter or Tab to complete the line, then click the Add
button to add the transaction.
In the next part of this lesson, you print a check for a payment
entry that you added.
Prepare to print If you are not connected to a printer you can use, select Preview
as the printing destination (to print checks to a print form on the
screen).
To print a check:
If you prefer, you can select the miscellaneous check you just
entered.
2. When you have selected the check you want to print, choose
the Print Check button to display the Print Checks form.
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for dot matrix printers. (advice over check)
Use the scroll bar on the right side of the form to scroll down
to the check portion.
Click the close button to leave the Preview form and return
to the Print Checks form.
5. When you see a message that asks whether all checks were
printed successfully, choose Yes.
If checks are not You should always look over your checks before choosing
printed properly . . . Yes. If you choose No, you can reset the print status to Not
Printed (by clicking in the Check Status column or using the
Select Reprint Range button), and reprint the check.
Voiding printed If you discover after leaving the Print Checks form that the
checks check is incorrect, you will have to delete the payment entry
to void the check with Bank Services, then create a new
entry.
6. When you return to the Payment Entry form, note that the
check number has been added.
In the next lesson, you will use Create Payment Batch to generate
checks for all outstanding invoices.
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the prepayment) is posted.
■ You can reject the checks if they were not printed properly,
and reprint them.
6. Print the Payment Batch Listing to make sure that you have
created the correct payment entries.
You must print batch listings if you selected the Force Listing
Of All Batches option in the Options form.
You cannot edit the payment batch unless you select the
Allow Edit Of System Generated Batches option in the
Options form.
8. Open the Payment Batch List form, select the payment batch,
and choose the Print/Post button.
Only one system- You can process only one system-generated payment batch at a
generated batch at time. If you want to use Create Payment Batch to generate two
a time separate batches, you must print all checks from the first batch,
and post the transactions, before you generate the second batch.
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Chapter 2 of the User Guide.
If the Selection Code field does not appear at the top of the
Create Payment Batch form, choose the Clear button to
specify new payment selection criteria.
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payment.
If you need to check the date format you use, go back to the
first tab and look at the Check Date and Batch Date fields.
7. Leave all the range fields as they are to include all vendors.
Exclusion 8. Click the Exclusion tab to display the Vendor Exclusion List.
You can edit the Bank Rate for the batch if the bank currency
differs from the functional currency, and you can edit the
Vendor Rate if the vendor currency differs from the
functional currency.
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1. When you have completed all the tabs, click the Register
button to print the Pre-Check Register.
The next step after generating the payment batch is to print the
batch listing.
Generally, you would print the payment batch listing, review the
listing, correct or delete payment entries (if necessary), then print
the checks and post the batch.
Force Listing Of All You must print batch listings if you select the Force Listing Of
Batches All Batches option in the Options form.
■ Select the Print choice from the File menu in the Payment
Batch List form.
3. Use the Finder to select the number of the batch you created
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earlier in this lesson. Type the same number in both the
From and To fields beside the Batch Number field.
5. Choose Print.
6. Once you have looked at the list, close the Preview form,
then choose Close from the Batch Listing Report form.
2. Highlight the batch for which you want to print checks, then
choose the Print/Post button.
This is the same form that appears when you print single
checks from the Payment Entry form, and the procedure for
printing is the same.
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should print an alignment check first to make sure the check
forms are lined up properly.
6. Click Yes.
If printing separate ■ If you are printing checks then advices, Accounts Payable
advices will:
a) Print the checks first, and ask you to confirm that they
are correct.
c) Print the advices, and ask you to confirm that they were
printed correctly.
You can reject the checks and the advices, and then reprint
them, if necessary.
a) Tell you that a restart record exists and ask whether you
want to proceed.
b) Open the Print Checks form and let you print the check
that was not printed earlier.
You now have to select the same batch again and choose
Print/Post in order to print and post the rest of the checks in
the batch.
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Sort By. Choose Batch/Entry Number to print the journal
in the same order as the batch listing, so you can easily
compare the two reports.
2. Click Print.
6. Click Print.
The Check Register includes all valid checks, but does not
list alignment checks, voided checks, or continuation checks.
For information on all checks that have been printed by
Accounts Payable, print the Checks Status report from Bank
Services.
■ You can print and post batches of checks from the Payment
Batch List form.
■ You can use the Payment Posting Journal to ensure that all
payment entries were correctly posted to vendor accounts.
Where To Now?
■ The Check Register lists all valid checks that were recorded
or printed by Accounts Payable.
Where To Now?
Now that you have used the major transaction entry forms in
Accounts Payable, you can begin working with your own data.
Remember that online Help is always there when you are using
Accounts Payable. Press the F1 key to find out about the field or
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form you are currently using.
Appendix A
Setup Checklist
This appendix describes the Accounts Payable Setup Checklist,
and tells you how to print it.
You can print the Setup Checklist (form AP-SETUP.PDF) for use
while setting up Accounts Payable. As you complete the step-by-
step instructions in Chapter 3 of the Getting Started manual,
check off each step on the checklist, including:
Checklist
■ Adding recurring payables records.
Setup
■ Adding the opening balances and outstanding transactions
for your vendor accounts.
4. From the File menu, click Print. Adjust the settings, and then
click OK.
Checklist
Setup