Accounts Payable Setup

1. A/P Control Record Maintenance
   

   A/P Control Period	2006 1 01/01/2006 - 31/01/2006	Transaction can only be entered with Doc/Voucher date within control period
   Aging Periods	15 - 15 DAYS TERM 30 - 30 DAYS TERM 60 - 60 DAYS TERM 90 - > 90 DAYS	For printing of Aging Reports
   Last Voucher Number Used	0	Last Voucher No used for A/P Voucher
   Document or Voucher Date	E	Use entry/voucher date for G/L posting
   Distribute Purchase / Tax / Misc/ Freight Accounts	Y	Purchase/ Tax/ Misc/ Freight distribution to be entered manually
   Default Bank Code	ABC	Default Bank account to be used
   Default Discount Account	XXXXX	Discount accounts to be distributed

2. Bank Code Maintenance
   Setup Bank Code and Account No

3. FOB Code Maintenance
   Examples are : P - Prepaid, C - Collect, FOB, CIF, etc

4. Ship Via Code Maintenance
   Examples are : R - Road, S - Ship, A - Air

5. Term Code Maintenance
   

   Term	Description	Due Days	Discount Days	Discount Percent
   COD	Cash on Delivery	0	0	0
   TT	Telex Transafer	0	0	0
   7	7 Days	7	0	0
   30	30 Days	30	0	0

   These are for calculation of due dates, cheque processing and so on.

6. Vendor Maintenance
   Add vendor record. Default Code Values are for ease of transaction entry.