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Accounts Payable
The Accounts Payable application is a complete
software product providing personnel with the ability to enter, process
and report invoice payment and cash requirements information, as well as
control and issue payment of approved invoices. Discount utilization and
cash requirements provide critical cash resource information to help you
best manage available funds.
The Accounts Payable application features automatic or manual check writing, partial payment of invoices including discounts, check reconciliation and invoice entry with/without purchase orders, together with complete variance reporting.
Specific features of the Accounts Payable application include:
The Accounts Payable application features automatic or manual check writing, partial payment of invoices including discounts, check reconciliation and invoice entry with/without purchase orders, together with complete variance reporting.
Specific features of the Accounts Payable application include:
- On-line entry, maintenance and deletion of
vendor information
- Vendor payment history
- 1099 information
- Discount processing based on vendor terms
- Multiple vendor ship-from addresses
- Alpha search table based upon vendor name
- Vendor open invoice aging capability
- Vendor inquiry including open invoices and open purchase orders
- Recording, adjustment and voiding of invoices
- Calculate payment dates and discounts
- Gross or net accounting method
- Hold, cancel or release invoices for payment
- Automatic or manual payment release
- Multiple bank check issuing
- Check printing
- Manual check recording
- Partial payment of invoices including discounts
- Discounts taken/discounts lost accumulation
- Check registers
- Void check processing
- Accounts payable reports
- Cash requirements
- Cash disbursements period summary
- Daily journal report
- Open invoice register
- Trial balance (detail or summary)
- 1099 worksheets
- Check reconciliation processing
- Recurring Invoice processing
- Year end analysis
- Interface from Purchase Order
- Verify price
- Verify order total
- Variance reporting
- Comparison of cost, purchase price, & invoiced price
- Complete General Ledger interface
