The Accounts Payable module gives you the information you need to
control cash flow and makes it easier and quicker to process accounts
payable. The cash requirements feature helps you project cash needs.
The payment processing options give you flexibility in writing checks,
allowing you to choose which invoices to pay, when to pay them,
and whether to generate checks manually or through the computer.
Vendor information and Accounts Payable History is available at
the press of a key.
Linked with Purchasing
The link with Purchase Order Processing allows matching of receivers
with invoices online. A listing of items received but not invoiced
may be generated at any time. If standard costing is in use, a purchase
price variance is automatically calculated and posted.
This timesaving feature allows you to make a one-time entry for
regularly due payments such as rents, loans, and insurance.
This planning tool helps you effortlessly project how much cash
is needed to pay all invoices due on or before user-selected dates.
This provides maximum control over your cash flow while saving time
This versatile feature allows you to select what to pay by date,
vendor or voucher. Vouchers selected for payment can be reviewed
or modified before checks are printed.
Expenses to Shop Orders and General Ledger
can pay several invoices with one check, and the remittance advice
can be printed on the check stub or as a separate document.
Accounts Payable module automatically updates Shop Orders and the
General Ledger, which eliminates duplication of information, saves
time, and reduces errors. Miscellaneous disbursements can be charged
to any user-specified general ledger accounts.
provides easy access to all payment information for both outstanding
and paid invoices by vendor name or number.
This is a quick and easy way to void a check. Reversal puts all
invoices paid by the check back into open Accounts Payable and marks
the check as void on the Check Register.
the year, the system tracks federal 1099-MISC information for year-end
The bank reconciliation module makes account balancing easy. Checks
are automatically posted to the Bank Reconciliation system. You
can balance your bank accounts online.
Buy-From and Remit-To Addresses
The Vendor master file gives you the flexibility to enter separate
addresses for Purchase Orders and Accounts Payable checks.
Vendor Information Tracking
allows you to keep information on all vendors, and get immediate,
up-to-date reports of vendor activity such as number of invoices,
year-to-date purchases, discounts, and more.