The GRP Accounts Payable is part of The Financial Management systems that automate and streamline all financial business processes for Dubai Government Departments, while providing a single accurate view of all financial information generated from the receivables, payables, projects and other sub-ledgers. They are built based on the Department of Finance policies and procedures, following the accrual base of accounting and including a standard chart of accounts. They allow for the consolidation of all Government Department Balances in one ledger.
The GRP Payables provides:
1- A complete accounts payable solution for processing invoice;
2- Manages Payments;
3- Manages Suppliers data.
Business Processes and Functionality :
1- AP Transactions Entry Process (invoice/Debit Memo/Credit Memo)
2- AP Prepayments Process
3- Recurring Payments Process
4- AP Invoice Approval Process
5- AP Quick Payment Process
6- AP Batch Payment Process
7- Future Dated Payments
8- Expense Reports Process
9- Period Close Process
10- Late Delivery Penalty Process
11- AP invoice Interface
12- Electronic Payments Process
13- SMS/ Email Supplier when the check is issued
14- Penalty Debit Memos
This service is rolled out in 38 Entities
