Accounts Payable (FI-AP) 

Purpose

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

Features

Country Version Venezuela comes with a report that enables you to prepare a purchase ledger, as required by law. In order to provide the purchase ledger with all the data that it requires, you follow special procedures for:

·        Maintaining vendor master data

·        Posting invoices for imports