American University of Beirut - Office of the Comptroller

Accounts Payable

The Accounts Payable section at the office of the comptroller is mainly responsible for executing all kinds of Lebanese and Dollar payments. After receiving invoices, payment vouchers, purchase orders and other forms of payment from various departments, the section processes payments to the companies or individuals concerned.

The section also processes foreign order payments other than Dollar and Lebanese as requested by departments either by checks or through wire transfers.

The table below summarizes the basic payment types and the maturity time required for each.

Type Of Payment	Maturity Time
Payment Vouchers for work done by AUB staff or faculty with amount above $250 or equivalent in LBP.	One week upon arrival at AP Section
Low Value Orders	45 Days from the invoice date.
Vendor Invoices (P.O)	45 Days from the invoice date.
Rent	One week upon arrival at AP Section.
Food Vouchers	21 Days from the invoice date.
Kindly note: The above timeline is valid in the case of wholly correct invoices. The payment date follows the maturity date by two to five working days. Policies and Procedures for the Accounts Payables section are in the Comptroller's Manual Chapter VII . Downloadable Forms - Suppliers Invoicing Guide - Payment Acceleration Request - Transportation Voucher - Financial Identification Form (FIF) Copyright © American University of Beirut. AUB's Copyright and Disclaimer. Last updated : 11/12/2008