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Accounting

Accounts Payable (AP)

Vendor balances, aging, what to pay this week. Each vendor's AP detail page shows every open invoice and every payment. Pay one invoice at a time, or apply a single payment across multiple invoices for the same vendor.

The Accounts Payable page mirrors AR but for what you owe — vendor balances, open invoices, aging, and the cash-flow picture for the next 30/60/90 days. Use it as the weekly “what do I need to pay this week” view.

The AP list

Every vendor with an open balance:

  • Vendor name + total open balance
  • Aging buckets — Current, 30, 60, 90+ past due
  • Earliest due date — useful for sequencing when cash is tight

Filter by store, vendor name, or aging. Sort by oldest due date when prioritizing payments.

Vendor detail page

Click any vendor to see:

  • Open vendor invoices — every unpaid or partially-paid invoice
  • Payment history — every payment cut, with reference numbers
  • Items received from this vendor (cross-link to inventory)
  • PO history — every PO ever issued

Recording a payment

From the vendor detail page or an individual invoice:

  1. Click + Payment.
  2. Enter amount, payment date, payment method (check / wire / card), reference number (check #, transaction ID).
  3. Application:
    • Auto-apply oldest first (default)
    • Manual selection — pick which invoices this payment covers
  4. Save.

For invoice-by-invoice work, the Vendor Invoices article has more detail on entering bills and tracking PO linkage.

Cash-flow planning

Sort the AP list by due date ascending to see what’s coming due in the next week. Combined with a similar look at the AR list (incoming cash), you can plan which weeks need a transfer or line of credit and which can ride on operating cash.

The Vendor Aging report under Reports exports the same data for monthly accounting/CPA review.

Tips

  • Always link vendor invoices to their POs when one exists — it lets receipt verification flag discrepancies.
  • For partial payments (negotiating extended terms with a vendor), apply the partial amount; the remaining balance stays open with the original due date.
  • A vendor with a negative balance (they owe you, e.g. a return credit not yet applied) shows up too — usually an overpayment or an unused credit memo.
  • For consistent month-end, the Period Close workflow locks AP entries the same way it locks AR — see the Period Close article.