Immediate Payment Accounts Payable System

The immediate payment (IP) accounts payable system (APIPBTUB) is used when an invoice is to be distributed to the general ledger and paid at the same time. In this subsystem, the user places the invoiced amounts into a Set file and then commands the system to distribute and pay all invoices in the Set file.

If the Encumbrance system is used, the immediate payment transaction may, at the user's option, clear or partially clear a previously encumbered purchase order. Thus, the immediate payment system is related to the Encumbrance system.

See Immediate Pay Processing for more information.