Accounts Payable (AP)

Comprehensive Creditor Management

The AP module includes a robust creditor database that helps you maintain accurate records, track purchases, and stay in touch with suppliers. Easily view what you bought, from whom, and when. Automatically post all relevant details to the General Ledger, ensuring financial accuracy and eliminating double entry.

Payment Flexibility and Control

Accredo supports a wide variety of payment methods, including electronic banking and manual options. Assign default payment methods per creditor and override them on the fly as needed. Whether you're paying electronically or emailing remittances in batches or individually, you remain in full control.

Approval Workflow and Batch Processing

Separate approval and payment processes give you complete control over how payments are managed. Select transactions for payment based on due date, payment method, or other business-defined criteria. Enter one-off payments or cash purchases directly, and update both the creditor account and Cashbook (CB) in real time.

Cashflow-Aware Payment Scheduling

When cashflow is tight, use creditor priority levels to determine who gets paid first—helping maintain essential services and manage your liabilities. View up to 99 years of payment history in grid or graphical form to support decision-making and supplier negotiations.

Integrated Shipment and Cost Tracking

Monitor shipments and the payments tied to them, and stay informed about the purchase value of goods and services. Combined with Purchase Orders (PO), the AP module helps match invoices to received goods and track outstanding supplier commitments.

GST/VAT Compliance and Reporting

Foolproof GST analysis tools ensure compliance with tax regulations, while clear, simple reporting gives you insight into what has been analysed and where. Foreign currency support and tax tracking make the module suitable for both local and international supplier relationships.

Insightful Expense Analysis

Break down expenses by supplier, category, or project, and generate reports that align with your business structure. This helps identify cost trends, improve purchasing strategies, and support profitability analysis.

Connected Financial Management

By integrating with the Cashbook (CB) and Purchase Orders (PO) modules, Accounts Payable provides a real-time view of your upcoming obligations and actual cash position—supporting smarter financial decisions and deeper cashflow insight.