Accounts Payable

Accounts Payable allows you to enter vendor invoices for purchases that you make, and then create checks for the invoices you want to pay. The system can generate payments for all invoices due, those for a specific vendor, or only for specific invoices. If a vendor calls you to discuss an invoice, you will have complete information at your fingertips, and that history can be kept indefinitely.

Accounts Payable allows you to update both purchase orders in the Purchasing Management module, as well as actual job costs. Adjustments are created if the purchase price does not match the invoiced price. With Accounts Payable, you will always know how much you owe and when it is due.

Cash Management
Improves cash management through the automatic handling and reporting of discounts available, payment due dates and payment selection methods.

Easy Entry
Allows easy entry of all invoices, debits and payments.

Checks
Print checks for select payments, or create manual checks.

On-Line Cost Updates
Jobs created in the Job Management module can be updated directly by material and subcontract costs entered through Accounts Payable.

History
Keep Accounts Payable transactions and vendor history files indefinitely.

Vendor Tracker
On-line inquiry shows open invoices, outstanding balances and payment detail.

G/L Interface
General Ledger entries are automatically created and posted from Accounts Payable transactions.

Purchasing Variance
Readily visible variances between planned and actual purchase price allow cost adjustments and analysis.

3-Way Match
On-line match between invoice, receipt and purchase order.

Bank Reconciliation
Reconcile your bank statement with entries generated in the Accounts Payable and Payroll modules.

Recurring Entries
Allows creation of standard Accounts Payable invoices.

Integration
Accounts Payable is fully integrated with the Job Management, Inventory Management, Purchasing Management, Currency Management and General Ledger modules.