Accounts Payable | Financial Management
Self-Billing
Invoices you raise on the vendor behalf, from what was actually received.
What it does
Inside Self-Billing.
Regular vendors are paid on schedule from what was received, with no invoice to chase.
01
Agreements per vendor with a settlement frequency and a validity window
02
Runs that settle a period from goods and services actually received
03
A dedicated invoice prefix, so self-billed documents are never confused with theirs
04
Agreements held or ended without disturbing what was already settled
Where it sits
Part of Accounts Payable.
Invoice Capture Invoices read, coded and validated on arrival, from any channel. Three-Way Matching Invoice, order and receipt reconciled automatically, with tolerances you set. Approval Workflows Authority limits and delegation enforced on the invoice itself. Payment Runs Proposals built from due dates, discounts and available cash. Vendor Reconciliation Vendor statements matched to your ledger, with the gap explained. Duplicate and Fraud Controls Checks that run inside the flow, not as a quarterly review. Goods Received Not Invoiced The liability between the loading bay and the post room, accrued and visible. Prepayments Money paid before the invoice, tracked until it is fully drawn down. Retention A percentage held back per contract, released when the defect period runs out. Vendor Rebates Volume rebates earned as you buy, claimed and tracked until the credit lands. Vendor Credits and Debit Notes Credits owed back and claims raised, both applied against what you owe. Recurring Bills Rent, power and retainers raised on schedule rather than remembered.
Run Self-Billing against your books.
A working session on your structure and a month of your documents.