Accounts Payable - Set Up

When setting up your account for the accounts payable feature, you’ll need these things done first: liability accounts for you accruals, accounts payable account codes (chart of accounts), approval routing for your invoices, taxes, and profile set up for your users.

Contents

• Chart of Accounts: Liability Accounts
• Approval Routing
• Taxes
• Profile Set Up

Let’s get started

1. Chart of Accounts: Liability Accounts

Liability accounts are a general ledger account. These accounts are used to balance and sort transactions which a company may record debits, prepayments, etc.

Set up your chart of accounts.

2. Approval Routing

Create a group for your Bill approvals. Next, add an approver to approve those Bills!

Check out how to set up your approval routing here.

3. Taxes

Add taxes to track them in your accounting system.

Set up your taxes!

4. Profile Set Up

Add the Accounts Payable role to your users and Accounts Payable approver role.