Minimum Version Required: 22.01
Pre-Conditions
Encompass Financials Users, only
Companies.EnableEncompassAP = True
User or Role has CreateBills Permission
Steps
How to process a bill for vendor accounts payable
Using Universal Search, navigate to the 'Accounts Payable' dashboard
In the Processes section, click 'Create Bills'
In the field proviced, search and select an AP Account to create a bill for, then click 'Apply filters'
Click the Lightning bolt icon to create the bill
Enter values to all required and applicable optional fields displayed in the new bill form
- PO Num (Optional, depending on status. Required for Confirmation)
- Invoice Num (Optional, depending on status. Required for Confirmation)
- Invoice Date (Optional, depending on status. Required for Confirmation)
- Recurring Trans: Used to set a Recurring Transaction schedule (Optional)
- Is 1099: Designate the bill as 1099 (Optional).
- Is Prepaid: Used to Designate the bill as Prepaid (Optional)
- Account: Use to Add Account(s) to the bill (repeat adding accounts until all postings are added)
- Amount: Enter the amount to be posted against the selected Account(s)
- Dimensions: Select Financial Dimension(s) for line item categorization (Optional)
Cick the ‘Save Changes’ or 'Confirm' button when complete
Fields And Definitions
Is Prepaid - mark a bill (Accounts Purchase) as IsPrepaid = True to enable amortization of a prepaid expense. See Prepaid Amortization Help Resource for more info.