Acumatica Accounts Payable

What Acumatica Accounts Payable is

Acumatica Accounts Payable is a financial-management application in Acumatica Cloud ERP for capturing and processing vendor invoices, managing approvals and payments, and maintaining accounting and audit records. It can extract invoice data from PDFs and email attachments using OCR and AI/ML, then create AP documents. Configurable approval workflows apply vendor defaults, payment terms, tax rules, account settings and purchase-price tolerances. Vendor payments can be prepared individually or in batches, with ACH export in NACHA and CPA-005 formats. The application handles foreign-currency invoices, currency triangulation, realized gain or loss calculations, and reporting across companies with different base currencies. Transaction history records who entered or modified a record, and notes and electronic documents can be attached. AP activity connects with purchasing, inventory, projects, taxes, cash management and the General Ledger. The application has custom pricing based on applications, usage, resources and deployment preferences; the listed plan also notes unlimited users. Acumatica provides native iOS and Android apps, and its web-based ERP server can be deployed on-premises, in a data center or on a cloud-computing platform.