The Accounts Payable Package places great emphasis on insuring thoroughness, accuracy and flexibility to the user in recording commitments of the company. It offers management the ability to know what cash requirements the company will be faced with at any future date.
Main Package Features:
- Supports alphanumeric account lookup
- Supports multiple companies and/or branches (i.e., Profit Centers)
- Accrual method of accounting
- Ease of setting up vendor, inquiring and adjusting data contained within the system
- Ease of entering, inquiring into and adjusting vendor invoices
- Ability to inquire into vendor accounts via Screen
- Ability to enter partial paid or full paid manual and prepaid checks
- Automatic calculations and deductions of vendor terms discounts
- Automatic generation of recurring payables (rent, etc.)
- Automatic selection of invoices for payment
- Ability to “hold” or defer payment on selected invoices
- Provision for partial payments for computer generated check run
- Optional A/P Check Reconciliation
- Optional use of Job Numbers
- Integrates with General Ledger
- Provision for multiple cash accounts
Reports:
- Vendor Invoice Proof Listings
- Cash Requirements Report by Due Date
- Cash Requirements Report By Vendor
- Aged Accounts Payables Report
- Accounts Payable Journal
- Pre‑Check Writing Report
- Check Writing
- Check Register
- Cash Disbursements Journal
- Vendor Analysis Report
- Vendor History Report
- Vendor Listing