Overview
Payment Run Process Explained is presented here as a practical learning topic. Start with the definition, then look at the process, example, checks and related resources.
Process view
Accounts payable commonly moves from purchasing or service request through receipt, invoice validation, approval, posting, payment and clearing.
Control lens: Useful AP controls include duplicate-invoice checks, approval controls, supplier-master controls and subledger-to-GL reconciliation.
Exception handling
Price differences, quantity differences, missing receipts and master-data problems can create exceptions. The correct resolution depends on the business process and supporting evidence.
Related resources
Continue through the LedgerPilot knowledge hub for connected guides, tools and examples.