Accounts Payable

  • Voucher Processing (Supplier Invoices)

    Vouchers are used to process your supplier/vendor invoices. Once you create and post the vouchers, they become available for selection in a Payment...

  • Supplier/Vendor Prepayments

    In Momentus Enterprise, the terminology used for an organization or person that supplies your organization with goods or services is re...

  • Supplier Invoices with Event Prepaid Expenses or Cost Deferral Schedules

    When you have an invoice from a supplier but want to record the amounts on the invoice in a Prepaid Expense GL Account and subsequently recognize t...

  • Unbatched Vouchers

    Unbatched vouchers are usually vouchers automatically created from: Posted inventory batches marked as Invoice Entry An accounts receivable refund...

  • Voucher Imports

    You can import vouchers. When importing vouchers, you must use an import format. The import format specifies the information that is in each column...

  • Supplier Payments

    Normally Supplier Payments are processed at regular intervals to pay approved vouchers (Supplier Invoices) as they fall due for payment. Supplier P...

  • Apply Credits to Vouchers

    You can process an Application batch to offset transactions with negative amounts (credits) and positive amounts (vouchers) so they do not display ...

  • Remittance Advice

    Remittance advices are used with EFT payments to notify a supplier of the details for electronic payments. Configure a Remittance Advice Email Temp...

  • Reconcile Supplier Payments

    You can manually reconcile all checks that were paid to suppliers. To reconcile these checks: Click the Payment Reconciliation link. The Payment R...

  • Void a Paid Voucher

    To void a paid voucher, you first need to void the check the voucher was paid on and then void the voucher. Click the Payment Register link from t...

  • Export EFT/Check file

    An export file can be created as part of payment processing. This file can then be imported into your banking website to process the payments to su...

  • A/P Demographics

    The A/P Demographics contains the accounts payable information for suppliers. Only accounts marked as Active in the Payables status designation hav...

  • Expense Reports

    Expense reports allow your users to enter basic expense report information. You can then approve or reject these expense reports. After approving t...

  • Accounts Payable End of Month and Year Processes

    To close the Accounts Payable period at the end of the month or the end of the year, review the below: Voucher Batches - Verify there are no unpos...

  • 1099 Statements

    The 1099 form process changed beginning in 2020. Below are the instructions for generating 1099s for both the 1099-MISC and 1099-NEC forms. Please ...