Understanding Voucher Management

Entering vouchers online or in batch mode is only the first part of the payables life cycle. The full flexibility of PeopleSoft Payables comes into play as you manage approval processing, error correction, and OpenItem accounting for vouchers on their way to payment.

This section discusses:

• Voucher approval.

• Voucher deletion, closure, and unposting.

• Voucher correction and mass maintenance.

• OpenItem accounting.