- Disbursement Document – The disbursement document begins as a pending document that contains and controls information about accounts payable line items that are paid to a vendor. The header sections controls the financial period date, the bank account to be disbursed from, and if the document is ready to post. Once the disbursement document is posted under standard operations the accounts payable is reduced by the amount of the paid lines and the bank account is reduced by the disbursement total.
- Disbursements are created and managed from the Banking Menu and then choosing the Disbursement Management Option. You then select a bank account to use for creating the disbursements and then a full accounts payable listing is loaded with the option to begin disbursing funds. You can filter the list according to invoice dates and invoice due dates.