## Overview

This module covers the purchasing cycle and payables management, including purchase documentation, supplier reconciliation, and payment processing. Topics include purchase orders, returns outward, and settlement discounts.

## 1. Purchasing cycle and documentation

- [Purchase orders, GRNs, invoices, and credits](acca-fa1-purchasing-cycle-and-documentation-purchase-orders-grns-invoices-and-credits.md)
- [Supplier statements and reconciliations](acca-fa1-purchasing-cycle-and-documentation-supplier-statements-and-reconciliations.md)
- [Returns outward and allowances](acca-fa1-purchasing-cycle-and-documentation-returns-outward-and-allowances.md)

## 2. Payables ledger and control account

- [Posting from day books and cash book](acca-fa1-payables-ledger-and-control-account-posting-from-day-books-and-cash-book.md)
- [Contra entries and settlement discounts](acca-fa1-payables-ledger-and-control-account-contra-entries-and-settlement-discounts.md)
- [Reconciling ledger totals to control](acca-fa1-payables-ledger-and-control-account-reconciling-ledger-totals-to-control.md)

## 3. Payments to suppliers

- [BACS, cheque, card, and cash payments](acca-fa1-payments-to-suppliers-bacs-cheque-card-and-cash-payments.md)
- [Part payments, advances, and refunds](acca-fa1-payments-to-suppliers-part-payments-advances-and-refunds.md)
- [Recording discounts received](acca-fa1-payments-to-suppliers-recording-discounts-received.md)

Free ACCA FA1 Purchases and Payables Study Guide