The Accounts Payable Module, as with all other modules, can be customized to meet your needs.
Accounts Payable can be linked with every other module in the system. Normally, it is link to the General Ledger, Purchase Orders, CashBook, Inventory and Address Book.
Unlimited number of Vendors.
Ties to Address book
Transactions can be transferred to another vendor, if duplicate vendors.
Recurring payments with date sensitive reminder.
Multiple Vendor control accounts.
Multiple Bank Accounts.
Vendors and individual invoices can be put on hold.
Payment approval be Date,Vendor or by Individual Invoice.
Prepayments can be made prior to receiving invoice.
Partial payment of invoices.
Pay non-vendors directly by check.
Apply direct payments to vendor invoices.
Manual payments allowed.
Allocate credit notes to invoices.
Unlimited vendor terms, which can be customized to meet any situation.
Payables can be set up to go to General Ledger only when paid, for Cash accounting. Takes check number to the General Ledger.
Non purchase order prices can be sent to the Costing System.
Invoice costs analyzed by Job
1099s printed, along with numerous reports e.g. Open Payables,Check Register, Cash Requirements.
Features