Accounts Payable

 Helping manage a company's expenditures, this application maintains complete vendor information, including unlimited contacts, e-mail addresses, remit address and purchase order address. General Ledger accounts and pre-set distribution percentages, can be defined for each vendor. Powerful inquiries provide instant access to vendor information including invoices, debit memos, credit memos and payments. A detailed purchase journal as well as open accruals can also be viewed or printed on demand.

Accounts Payable voucher entry allows users to create one-time vendors and flag each invoice for 1099 purchase history. Recurring vouchers can also be pre-set to post automatically. Integrated Job Costing allows users to track expenses to a specific job and cost code. Purchase Order and Landed Cost price verification allows users to match invoices to receipts and landed cost charges for verification and posting. Automatic tolerance levels can be set to flag buyers, through conditional emails, if invoice discrepancies exist. Flexible payment processing options includes automatic and manual payment selections, hand written check processing, letters of credit, and wire transfers. Accounts Payable includes a bank reconciliation option that provides the ability to clear checks and print reports that show cleared or outstanding checks.

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