General tab – Accounts Payable

This section contains the triggers we can use to adjust the Accounts Payable process; for instance, in NetSuite, the DEFAULT VENDOR PAYMENTS TO BE PRINTED option puts the payments in a check queue waiting for the check run instead of printing each payment one by one. The VENDOR CREDIT LIMIT WARNINGS enables the accountant to set the credit limit on each vendor record. The user is prompted with a warning in the event that this order will exceed our credit limit with the vendor:

 Accounts Payable Section in Accounting Preferences