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AP Prepayments
Fact Sheet (PDF)
The AP Prepayments system enables you to record prepayments to suppliers for goods or services before they are received and regardless of whether the supplier has provided an invoice. The AP Prepayments system can benefit any company that pays for goods and services upfront.
You can be prompted (selectively with optional filters such as supplier branch, currency etc.) to post a prepayment when a purchase order is created or after a supplier invoice has been registered. Alternatively, prepayments can be posted manually either with or without a link to a purchase order or registered invoice. Setup options determine whether the payment can be processed immediately. When the supplier’s invoice arrives and is captured or the registered invoice is approved, the supplier’s invoice can then be matched to the prepayment. The AP Prepayments Query facilitates control of the prepayments control account and visibility of prepayments made to suppliers.
The AP Prepayments system is available for SYSPRO Version 6.0 SP1 and later. A free 7 day trial is available to see how the product works.
Fact Sheet (PDF)
The AP Prepayments system enables you to record prepayments to suppliers for goods or services before they are received and regardless of whether the supplier has provided an invoice. The AP Prepayments system can benefit any company that pays for goods and services upfront.
You can be prompted (selectively with optional filters such as supplier branch, currency etc.) to post a prepayment when a purchase order is created or after a supplier invoice has been registered. Alternatively, prepayments can be posted manually either with or without a link to a purchase order or registered invoice. Setup options determine whether the payment can be processed immediately. When the supplier’s invoice arrives and is captured or the registered invoice is approved, the supplier’s invoice can then be matched to the prepayment. The AP Prepayments Query facilitates control of the prepayments control account and visibility of prepayments made to suppliers.
The AP Prepayments system is available for SYSPRO Version 6.0 SP1 and later. A free 7 day trial is available to see how the product works.
