Set up accounts payable

Accounts payable is a liability account that records amounts the business owes to suppliers. In Manager, this is a control account, meaning it is built into the software and is made up of subaccounts for suppliers defined in the Suppliers tab. Normally, it should not be created manually in the chart of accounts.

If Accounts payable is created manually in the chart of accounts, many built-in functions will be lost. Manager will not be able to associate purchase invoices with specific suppliers. And it will not be able to apply advances, deposits, or overpayments paid to suppliers to purchase invoices.

Activate Accounts payable

To activate Accounts payable, enable the Suppliers tab. Click Customize below the left navigation pane, check the box for Suppliers, and click Update below the list.

Accounts payable will automatically appear in the Balance Sheet and chart of accounts when the first supplier has been created:

Set up starting balances

If making a transition to Manager from a previous accounting system, follow this Guide to set up starting balances for suppliers.

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