Accounts Payable in SAP FI

Accounts Payable is a submodule of SAP FI used to manage and record Accounting data for all the vendors. It handles vendor invoices, approvals, payments and other allied activities.

Any postings made in Accounts Payable is updated in General Ledger as well. The Accounts Payable submodule has tons of reports and forecasting to features to track vendor outstanding and payments.

The chief processes covered in the sub-module are

• Maintain Vendor Master Data
• Invoice Handling
• Payments
• Account Analysis of Reconciliation
• Reports

Here is the list of tutorials that will teach the above process.

1. How to Create a Vendor
2. How To Create a Vendor Account Group
3. How to Display Changes in Vendor Master
4. How to Block or Delete a Vendor
5. Create Vendor Master Data
6. One Time Vendor
7. Purchase Invoice Posting
8. Purchases Returns – Credit Memo
9. Outgoing Payments
10. Foreign Currency Vendor Invoice
11. How to Post Withholding Tax during Vendor Invoice Posting
12. How to Post Withholding Tax During Payment Posting
13. Outgoing Partial Payments By Residual Method
14. Outgoing Partial Payments By Partial Payment Method
15. Reset AP Cleared Items
16. Automatic Payment Run
17. How to Map Symbolic Account to G/L Account
18. Posting Rounding Differences