Accounts Payable (FI-AP) 

Purpose

The Accounts Payable (FI-AP) component covers the most important laws and business practices specific to Mexico. The following documentation describes these aspects of the component. For generic information about FI-AP, see Accounts Receivable and Accounts Payable: Overview.

Features

Master Data

You maintain the vendor master data as described.

Business Transactions

You enter vendor invoices using deferred tax codes, as described. You can use the sample payment methods provided.

Statutory Reporting

You prepare the statutory top vendors report using the report supplied.