Accounts Payable
Add auto-generated payment IDs to AP advances
You can now configure Accounts Payable to generate a unique payment ID for AP advances. This unique ID allows you to more easily reference and trace AP advances in lists and reports.
Key benefits
- Improved traceability: Intacct shows the Payment ID in standard views of the Advances list and on the detail page for posted advances. This allows you to easily filter the Advances list using the Payment ID and match the payment more quickly during bank reconciliation.
-
More detailed reporting: The Payment ID appears in the following standard report columns:
-
In the Cheque Register report and AP Ledger, the Payment ID appears in the Document number column.
-
In the AP Aging report, the Payment ID appears in the Bill column.
-
In all three reports, if the Cheque number and Reference number columns are empty, the Payment ID appears here.
-
How it works
-
Go to Accounts Payable > Setup > Configuration.
-
Select the dropdown option for Advance in the Document sequencing section.
-
Select Add to create a new document sequence or choose an existing sequence.
-
Select Save.
After you assign a document sequence, Sage Intacct creates Payment IDs for new advances when you post them. Existing posted advances are unaffected.
Permissions and other requirements
| Subscription |
Accounts Payable Administration |
|---|---|
| Regional availability |
All regions |
| User type |
Business user with admin privileges |
| Permissions |
To set up Payment IDs: Administration
To create advances: Accounts Payable
|
