Accounts Payable
Accounts Payable in PrismERP is used to record and manage amounts payable to suppliers as part of regular purchasing and expense activities. Payments can be maintained on a PO-wise basis, allowing each purchase order to carry its own payment history and aging, which makes it easier to follow how dues build up and how they are settled over time. Expenses that are not raised through purchase orders, such as service bills or operational costs, can also be recorded under accounts payable so they remain part of the same supplier-side accounting flow. Supplier payments issued through cheque are entered with proper references and accounting impact, keeping payable transactions aligned with recorded financial movements.