Financial Management for Epicor for Distribution (Prophet 21)

Accounts Payable Module

Streamline your accounts payable (AP) processes by directly integrating your inventory receipts and purchase orders. Check processing and payment processes ensure that you don’t lose discounts, and bills are paid on time. Furthermore, you can choose payment types by either vendors or invoices. Rebates are tied directly to order processing for accurate reports so you can maximize the amount of money you earn.

Accounts Receivable Module

Track your customers’ outstanding invoices and set alerts when days or balances exceed the levels you set. Notes and follow-up capabilities provide a history of conversations to aid your collection efforts. Flexible posting methods make it easy to track whether a check is for multiple invoices or to consolidate several accounts under one corporate umbrella.

General Ledger Module

A real-time general ledger provides up-to-the-minute financial statements, giving you a better handle on your company’s financial situation as business is transacted, and allowing you to be proactive instead of reactive. Financial reports can be run daily with drill-down capabilities that allow you to access historical information for faster auditing. The real-time general ledger also eliminates laborious day‑, month‑, and year-end closing processes. Plus, multicurrency functionality makes it easier to do business wherever your business partners are located.