This course offers the Sage MAS 90 and 200 user the opportunity to take advantage of the power and usability of the Accounts Payable module. Learn how to implement the software to meet your company's requirements and the processing skills to improve accuracy and save valuable time throughout your daily Accounts Payable tasks. The accounts payable videos are available individually or in packages.
This course offers the Sage MAS 90 and 200 user the opportunity to take advantage of the power and usability of the Accounts Payable module. Learn how to implement the software to meet your company's requirements and the processing skills to improve accuracy and save valuable time throughout your daily Accounts Payable tasks. The package includes all 14 AP lessons.
Use Accounts Payable Options under the Setup menu to customize the Accounts Payable module to fit your company’s needs. Key settings include:
Current Period and Fiscal YearSales Tax Reporting1099 ReportingHistory Retention Settings
Use Division Maintenance to classify and group vendors and payable transactions for reporting purposes as well as to determine general ledger posting for invoice and payment transactions.
Bank Code Maintenance is used to create and maintain bank codes utilized in Accounts Payable Check Printing and Posting. This task covers maintenance of such fields as Next Check Number and MICR encoding for plain paper checks.
Terms Code Maintenance is used to create common payment terms offered by vendors and determine the proper way to calculate the due date and discount amount for Accounts Payable Invoices.
Sales Tax Account Maintenance is an optional task than can be used to define General Ledger posting accounts for each individual tax code used in Accounts Payable and Purchase Order transactions.
Memo Manager Maintenance can be used to control, by security role, Accounts Payable tasks where memos are displayed for vendors, invoices and invoice history.
Use Vendor Maintenance under the Main menu to enter and maintain vendor information, including:
Vendor Name, Address and Contacts1099 IdentificationDefault Transaction Terms Codes and Tax Schedules