AP Group / Bank Accounts - MFS supports an unlimited number of checking accounts, each of which can be assigned an unlimited number of funds. Each group of funds serviced by a checking account is referred to as an AP Group. When checks are printed, the appropriate AP Group is selected and only invoice lines coded to a fund within the group will be processed. Even though multiple funds may be included within a group, separate checking account balances and expenditure totals are maintained for each fund.

Proceed to Next Section

To jump between sections, please select the section from the following links:

1. AP Group/ Bank Accounts

2. G/L Master Account

3. G/L Account Ledger

4. Post Journals to G/L

5. General Journal Entry

6. View Journal/ Report

7. Financial Statements

Go to Accounts Payable Info