Microsoft Dynamics 365 Enterprise Edition - Financial Management - Third Edition

Exploring accounts payable controls

Accounts payable controls are an essential task to be discussed during the analysis and design phases, and assessed in the operation phase for enhancements. Microsoft Dynamics 365 for Finance and Operations addresses the required procedures for accounts payable controls. It is important for a business to control the execution of accounts payable processes, as this directly affects the company's liabilities; this is why it should be controlled and monitored. In the upcoming sections, we will explore vendor hold activities, invoicing controls, and posting profiles.