Accounts Payable

The Accounts Payable module provides the management tools needed to control your Accounts Payable requirements and to supply you with complete on-line information and printed reports.

Highlights include electronic funds transfer; maintenance and monitoring of discounts; check printing across companies; flexible payment selection by discount, due date, vendor, or bank/currency control; automatic handling of entry/processing of payables/recurring payments and check writing; the ability to process cashed and cancelled checks from banks; the ability to inquire and print open payable reports; automatically calculation and distribution of recoverable taxes to the correct account; automatic accrual balancing; the use of Auto-Voucher to bypass voucher entry by defining pre-approved vendors; vendor master mgmt. with preapproved parts/price lists; vendor inquiries that show open invoices by vendor and remaining balances; cash outflow management and automatic calculations of available discount; open payable reports and aged payable reporting (by due date or invoice date with back dating capabilities); and cash flow reporting using A/P details.