Question: Without receiving purchase orders and creating receivers to match, what is the best way to record "prepayments" for purchase orders to suppliers?
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DataRapt new product enables suppliers to be prepaid before goods or services are received.
The AP Prepayments system enables you to record prepayments to suppliers for goods or services before they are received regardless of whether the supplier has provided an invoice. The AP Prepayments system can benefit any company that pays for goods and services upfront.
A state-of-the-art ERP Accounts Payable system provides an efficient method for recording purchases and supplier invoices and automating expense distributions.