Accounts payables
Accounts payables
Accounts Payable record the liabilities owed by the organization. All the outstanding payments are listed in this page under various transaction names such as advance received, credit note, goods received, purchase order, requisition order and return inward. The entries are automatically created whenever a transaction is made in the afore mentioned categories. Users can also make new entries for outstanding payment activities from this page. Receipt can also be generated for an outstanding payment (see figure 1).
(Figure 1 - Accounts payables)
To check details of the accounts payable entry, click on the arrow. It shows the voucher date, number, payable amount, paid amount and the person or concern to which it is payable.