Accounts Payable in SAP

1) Creation of vendor account groups

2) Creation of number ranges for vendor master records

3) Assignment of number ranges to vendor account groups

4) Creation of tolerance group for vendors

5) Creation of vendor master (display/change/block/unblock of vendor master)

6) Posting of vendor transactions (invoice posting, payment posting, credit memo)

7) Display Vendor balances and G/L Balances

8) Configuration Settings for advance payments to Vendors (down payment)

9) Clearing of down payment against invoices (special GL transactions)

10) Posting of partial Payment & Residual Payment

11) Creation of payment terms,

12) Creation of house banks and account ids.

13) Creation of check lots and Creation of void reasons

14) Maintenance of check register

15) Display check register

16) Cancellation of unissued checks

17) Cancellation of issued checks

18) posting of purchase returns.

19) BRS

20) Configuration of automatic payment program

21) Defining correspondence & party statement of accounts