Accounts Payable

The Accounts Payable section contains information on the processing accounts payable and consists of the following subsections:

• What are Accounts Payable
• Opening Accounts Payable Form
• Paying Invoice
• Getting Invoices into CSO
• Accounts Payable Trainings

What are Accounts Payable

With Accounts Payable you can process vendor invoices and other bills for goods and services that a company received on credit.

Using Accounts Payable, you get the following advantages:

• Getting information on what inventory and cash is moving in and out of the business to calculate accurate reports, inventory, and journal entries.
• Providing accurate and timely purchases in C-Store Office to promote strong organization in your account

Opening Accounts Payable Form

You can open the Accounts Payable form in the following ways:

• Go to Vendors > Accounts Payable.

  

• Go to Transactions > Account Register, and then click the Accounts Payable tab.

  

Paying Invoice

To pay an invoice, follow the steps:

1. Open the Accounts Payable form. For details, see Opening Accounts Payable Form.
2. Get the list of invoices. In the Options section, select the following data:
3. Company
4. Class
5. Vendor
6. Account
7. Date

   

3. In the Bills section, select the invoice you need to pay.

   

4. (Optional) In case you need to pay invoice partially, in the Amt. to Pay column, enter your value.

   

5. Go to the Payment Attributes section, and then specify the following data:
6. Payment Method - select Check, Cash, or EFT
7. Payment Account - select an account to pay from
8. Payment Date - select a payment date
9. Memo - type additional comment, if any

   

6. At the bottom of the Accounts Payable form, click Save.

Getting Invoices into CSO

You can get your invoices into C-Store Office in the following ways:

• Petrosoft operators can input scanned invoices into the system through EDI. For details, see About Docs Scanner.
• You can input invoices manually at Vendors > Bills > Store Purch.

  

Accounts Payable Trainings

Accounts Payable

Credit Card Reconciliation

Last updated: Tuesday, November 6, 2018 Copyright © Petrosoft, LLC
Confidentiality level – Public use	Petrosoft, LLC
	290 Bilmar Drive, Pittsburgh, PA 15205
	Phone: 412-306-0640
	Fax: 412-202-5487
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