Better upfront payables management can catch billing errors sooner, which can prevent duplicate payments and overpayments. Do not even get us started on late fees. If you like to make duplicate payments and overpayments, please e-mail us; we'll send you an invoice. For everyone else, there are a variety of ways to improve profit by reducing administrative costs, but that's another book altogether. The AP department can become a profit center of sorts, but only if you monitor and manage your payables by using features that already exist in GP, and by entering/posting daily.

The reports we will build in this chapter are all about managing payables.

What we will build: