Noun: Payable
Payable is a transaction that represents an invoice from a supplier. A payable is an open item, approved and ready for payment, in the Accounts Payable ledger. In some systems it may be called a voucher. Compare to PurchaseLedgerInvoice, which represents a not yet approved supplier invoice.
Child Components
Type Code 0..1
Action Code 0..1
Payable Header 0..1
Payable Line 0..∞
Scenarios in which Payable is used
- Purchasing to Accounts Payable to General Ledger
- Purchasing to Accounts Payable to General Ledger Posting from Purchasing
- Invoice Matching, Matching in Purchasing, Invoices Entered in Purchasing
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OAGIS Version 10.12