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By: Peter Poletti

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Control of Payments Functions & Features

Functionality below covers Verification to prevent a vendor with an open PO or unpaid invoice from being deleted;Verification to prevent a vendor active in current year from being deleted;Negative amount can be added to an invoice (negative invoice line) to indicate, for example, trade discounts;Places holds on all vendor invoices for a given vendor;Release payment at vendor level, invoice level, or line item;Supports selective payment by vendor type;.. Control of Payments Functions & Features are an important module of the comprehensive ERP RFP Template for Discrete Manufacturing.

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The Control of Payments Functions & Features comprise the following elements:

  • Verification to prevent a vendor with an open PO or unpaid invoice from being deleted

    Verification to prevent a vendor with an open PO or unpaid invoice from being deleted, Control of Payments Functions & Features

  • Verification to prevent a vendor active in current year from being deleted

    Verification to prevent a vendor active in current year from being deleted, Control of Payments Functions & Features

  • Negative amount can be added to an invoice (negative invoice line) to indicate, for example, trade discounts

    Negative amount can be added to an invoice (negative invoice line) to indicate, for example, trade discounts, Control of Payments Functions & Features

  • Places holds on all vendor invoices for a given vendor

    Places holds on all vendor invoices for a given vendor, Control of Payments Functions & Features

  • Release payment at vendor level, invoice level, or line item

    Release payment at vendor level, invoice level, or line item, Control of Payments Functions & Features

  • Supports selective payment by vendor type

    Supports selective payment by vendor type, Control of Payments Functions & Features

TEC Advisor can save you up to 90% of the time you would have otherwise spent figuring out on your own which ERP solution is the best for your needs.

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Functions and Features