AP004.01 Receive contractual agreement for making the Internal Manual Advance Payment Prepayment Finance Team Active – advance payment Invoice is available for recording into the system. AP004.02 Enter a Advance / Prepayment Invoice into Internal System Assisted Advance Payment Prepayment Finance Team Active – the system invoice is created. Provide a Descriptive Flex to capture PO, Internal System Assisted Advance Payment DFF data is Finance Team Active – Reference details. The list should link to the captured. PO, If it is to be referred to PO. AP004.04 Validate the Prepayment Invoice. Internal System Assisted Advance Payment Prepayment is Finance Team Active – validated AP004.05 Approve the Prepayment in the system Internal System Assisted Advance Payment Prepayment is Finance Team Active – available for payment AP004.06 Create Accounting for Prepayment Internal System Assisted Advance Payment Prepayment Finance Team Active – Liability Clearing is created. AP004.07 Record a payment transaction into the System Internal System Assisted Advance Payment Prepayment Finance Team Active – Available for application AP004.08 the prepayment upon receiving the Internal System Assisted Advance Payment Prepayment Finance Team Active – invoice from Vendor. Applied AP004.09 Create the Accounting and transfer the entire Internal System Assisted Prepayment Alert is sent Finance Team Active – to General Ledger 1.5 Entering Credit Memo (AP005) Process: Entering Credit Memo Business Function: Accounts Payable Date : June-2-2013 Mapping Team: ORAERP COM INC. Process Owner: Finance Team Librarian: Priority (H, M, L): High Core (Y/N) Yes
AP004.01 Receive contractual agreement for making the advance payment Internal – Manual Advance Payment Prepayment Invoice is available for recording into the system. Finance Team Active AP004.02 Enter a Advance / Prepayment Invoice into the system Internal – System Assisted Advance Payment Prepayment invoice is created. Finance Team Active Provide a Descriptive Flex to capture PO, Reference details. The list should link to the PO, If it is to be referred to PO. Internal – System Assisted Advance Payment DFF data is captured. Finance Team Active AP004.04 Validate the Prepayment Invoice. Internal – System Assisted Advance Payment Prepayment is validated Finance Team Active AP004.05 Approve the Prepayment in the system Internal – System Assisted Advance Payment Prepayment is available for payment Finance Team Active AP004.06 Create Accounting for Prepayment Internal – System Assisted Advance Payment Prepayment Liability Clearing is created. Finance Team Active AP004.07 Record a payment transaction into the System Internal – System Assisted Advance Payment Prepayment Available for application Finance Team Active AP004.08 the prepayment upon receiving the invoice from Vendor. Internal – System Assisted Advance Payment Prepayment Applied Finance Team Active AP004.09 Create the Accounting and transfer the entire to General Ledger Internal – System Assisted Prepayment Alert is sent Finance Team Active 1.5 Entering Credit Memo (AP005) Process: Entering Credit Memo Business Function: Accounts Payable Date : June-2-2013 Mapping Team: ORAERP COM INC. Process Owner: Finance Team Librarian: Priority (H, M, L): High Core (Y/N) Yes
rd050_account_payables.docx