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