In the Sage Intacct ERP, previous blog we explained the AP Vendor Transaction Report in the Sage Intacct.
In this blog, we are going to discuss about the AP Invoice Voucher in the Sage Intacct.
New Stuff: – AR Receipt Voucher in Sage Intacct
The AP Invoice Voucher, also known as the Accounts Payable Invoice Voucher, is a document utilized in accounting to record and monitor invoices received from vendors.
It plays a crucial role in managing the accounts payable process within an organization.
Key Features of an AP Invoice Voucher:
- Vendor Information: It includes details of the vendor, such as the vendor’s name
- Company Information: It includes details of the company, such as the company’s name, contact information.
- Invoice Details: Information from the vendor’s invoice, including record no. invoice number, date.
- Tax Details: Information related to taxes (like VAT, GST).
- TDS Details: Shows TDS Details.
After clicking the Export button, all the data from the chosen time period will be exported in PDF Format.
Additionally, the total amount before TDS, the total tax, and the amount payable to the vendor after deducting TDS are included in the AP invoice voucher.
This report includes following fields from AP BILL screen.
- Record No.
- Invoice No.
- Invoice Date.
- Vendor Name.
- Line No.
- Account No.
- Account Desc
- Vendor Amt.
- Functional Amt.
- Amount In Words
In the conclusion, The AP Invoice Voucher, particularly when combined with TDS information, serves as an essential financial document for managing a company’s payables. It not only ensures that vendor payments are accurately documented and processed, but it also guarantees adherence to tax regulations by precisely recording TDS and other taxes.
By adopting this voucher system, businesses can enhance their payment processes, reduce errors, and keep comprehensive records that are crucial for audits, financial reporting, and tax submissions.
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Greytrix has a wide product range for Sage Intacct- a Cloud ERP. This includes migrations from QuickBooks | Sage 50 | Sage 100 | Sage 300 to Sage Intacct. Our unique GUMU™ integrations include Sage Intacct for Sage CRM | Salesforce | FTP/SFTP | Rev.io | Checkbook | Dynamics 365 CRM | Magento | Rent Manager | Treez | Avalara Avatax | Blackline SFTP. We also offer best-in-class Sage Intacct Development Services, Consulting services, integrated apps like POS | WMS | Payroll | Shipping System | Business Intelligence | eCommerce for Sage Intacct to Sage business partners, resellers, and Sage PSG worldwide. Greytrix constantly develops apps, products, and add-ons to enhance user experience. Sage Intacct add-ons include AR Lockbox File Processing.
Greytrix GUMU™ integration for Sage CRM – Sage Intacct, Sales Commission App for Sage Intacct, and Checkbook.io ACH/Digital Check Payments for Sage powered by GUMU™ are listed on Sage Intacct Marketplace.
The GUMU™ Cloud framework by Greytrix forms the backbone of cloud integrations that are managed in real-time for the processing and execution of application programs at the click of a button.
For more information on Sage Business Cloud Services, please contact us at sagecloud@greytrix.com. We will like to hear from you.