Accounts Payable

Accounts Payable gives you the information necessary to determine the best uses for your firm’s cash. Payables can be created via the purchasing / confirmation cycle or as direct, non-purchase order entries. A/P confirmation enables invoice confirmation on a line-item basis and displays the quantities previously ordered, received, and confirmed for your review. A purchase price variance report offers examination of deviations between the order price and the invoice price prior to setting the invoice up for payment. Other features include:

• Unconfirmed Receipts Register to Manage Items Received but Not Invoiced
• Automatic General Ledger Posting
• Online Verification Avoids Sending Duplicate Payments
• Automatically Handles Fixed Expenses
• Recurring Invoices Automatically Create an Invoice for Payment
• Manual checks are Recorded with Ease for Distribution to General Ledger
• Pay by Vendor, Commodity Code, Due Date, or Discount Date
• Quickly Drill Down on Specific Purchase Order Records
• Handles Inter-company Payable Transactions