The design of our accounts payable system makes it easy to summarize your current payables situation by vendor, or company wide. Aging summaries appear directly on screen when preparing invoices for payment, or viewing vendor account details.
With a link directly to the P/O receipt system, our payables system
reduces invoicing errors. It is easy to verify incoming invoices
against P/O receipts to that you are only invoiced for what was
received.
Our payment selection screen organizes payables by currency.
Payments can be selected by date, vendor, due date, and discounts can
be applied directly. Payments can be queued and saved before finally
printing as a single batch of cheques.
Features Include:
- Multi-currency
- Queuing payments by currency to create a single cheque run
- Multiple payment selection options
- Allowance for partial payments and discounts
- Print one or many cheques from payments screen
- Preliminary and Post cheque registers
- Invoice details & summary printed on cheque stub (1 or 2 stub arrangement)
- On-screen payment history
- Vendor account view with on-screen aging summary
- Compare invoices to P/O receipt history
- Back posting to G/L by selecting posting date
- Cashed cheque reconciliation