Accounts Payable
This module features tools to control cash flow in
addition to Electronic Funds Transfers (EFTs) payment options. It also
provides the tools necessary to track vendors, pay bills and allocate costs
to the appropriate account, subaccount and cost center. Multiple payment
methods and reports are incorporated into the module giving payables clerks
the flexibility they need. Time-saving features such as memorized and
recurring invoices come standard! Each invoice has the potential for
unlimited distribution across accounts, subaccounts and cost centers.
Integrates with General Ledger and Client Information Modules
The General Ledger module provides data to accounts, subaccounts, and
cost centers. Client Information supplies the client lists required to
distribute client expenses. Accounts Payable then records transactions back
to the General Ledger.
Multiple Vendor Payment Methods
Payments can be made via system-printed checks, handwritten checks, or EFTs
(with no additional purchase required).
Vendor List
Maintain one complete list of vendor information. You will appreciate one
place to go for all vendor information.
Maintain Your Audit Trail For Years!
This module will track expenses as far as your accounts, subaccounts and
cost centers will let it! Unlimited monthly history ensures data at the
click of a button.
“Unlimited" Comes Standard
Accounts Payable places no limits on your data needs. You can have
unlimited:
- Vendors
- Invoices
- Transactions
- Distributions (allocations) per invoice
- Invoices per vendor, per payment method
- User notes
You Decide What Is Best
We know one size doesn't fit all. That is why we offer you multiple
user-defined options:
- Payment terms
- Grouping of vendor invoices
- Check layouts with check message capability
- Cash requirement days and past due aging days
Not sure what you need? Don't worry, our staff will help you define your
options as part of the planning and installation process.
Other Features
- Make partial payments of invoices
- Print checks on laser printers
- Apply credits to multiple invoices
- View quick summary of all invoices on one screen
- Produce reports for any date range
- Handle 1099s - Print forms and data! (No forms required!)
- Add new vendors "on-the-fly” during invoice entry
- “Browse” to quickly locate vendors and accounts
- Track discount dates, amounts, due dates, and open credits automatically
- Maintain vendor information including open/paid invoices
- Select invoices for payment automatically or manually
- Memorize frequently occurring invoices for recall and re-entry to save
time
- Batch-add entry for multi-clerk environments and easy balancing