What are Vendor Bills?
Vendor Bills Management allows businesses to record, track, and manage all supplier invoices in one place. It ensures accurate bookkeeping, timely payments, and better control over expenses by linking each bill directly with related purchase orders and receipts.
Key Features of Vendor Bills
- Bill Recording – Create and record vendor bills based on purchase orders or receipts.
- Bill Validation – Review and approve supplier invoices before posting.
- Automatic Entry from PO – Generate bills directly from confirmed purchase orders.
- Expense Tracking – Allocate costs to departments, projects, or analytic accounts.
- Tax Management – Apply accurate taxes automatically as per purchase configuration.
- Payment Integration – Link bills with vendor payments for clear reconciliation.
- Credit Notes & Refunds – Manage vendor returns and partial refunds efficiently.
- Multi-Currency Support – Record and manage bills in different currencies.
- Attachment Management – Upload and store copies of supplier invoices and receipts.
- Reports & Analytics – Monitor outstanding payables, due dates, and supplier performance.
✅ Bonus: With Odex Vendor Bills, you can automate your purchase-to-payment process, reduce manual entry, and maintain full visibility over supplier expenses and liabilities.
