Accounts
Payable
part of the ACCPAC Pro Series product line, by ACCPAC International,
Inc.
Accounts Payable creates checks and tracks credits, discounts, partial
payments and recurring obligations, and warns you to prevent losses,
allowing you to effectively manage your business expenses.
It includes numerous
vendor and payable inquiries and an extensive library of expense analysis
reports.
Features:
- Selects and calculates
early payment discounts
- Displays total
accounts payable and approved-to-pay amounts
- Allows partial
payments on open invoices
- Permits user-defined
periods for aging payables
- Alerts you if
vendor credit limits are exceeded
- Allows application
of open debit memos to selected invoices
- Records and tracks
credit card purchases to both the credit card company and the vendor
- Check voiding
capability streamlines processing for lost checks
- Allows easy prioritization
of invoice payments with as many as 14 priority levels
- Vendors may be
placed on payment hold, purchase hold or both
- Allows virtually
an unlimited number of checking accounts
- Create invoices
manually or match them with received purchase orders
- Create pre-payments
without creating an invoice
- Allows non-check
payments of invoices, such as wire transfers
- Real-time Business
Status Report provides immediate status for Current
- Balance, Cash
Balance, Net Cash Forecast, Approved to Pay, Period-to-Date Payable,
and Payments and Discounts/Adjustments
- Drilldown capability
from the Business Status Report on cash balance and current balance
- Vendor URL and
e-mail address support
- Multiple Remit-to
Addresses
- Value-Added Tax
(VAT) Support
- Locates vendor
records by pick lists or full or partial vendor numbers, names and
telephone numbers
- Easy and efficient
bank reconciliation options include sorting and filtering date and
check ranges
- Flexible approve
to pay feature allows easy selection of desired invoices based on
user-defined criteria (vendor, discount date, invoice date, etc.)
- Separate 1099
Closing: Continue to enter AP payments after year-end close
- Print 1099s to
laser printers (option to include 1099s above a minimum dollar amount)
- Produce 1099s
for a previous year at any time (capability to file 1099s electronically)
- Close unbilled
Purchase orders
- As-of Aging Reports
provide the ability to specify a prior date and produce the report
as of that date
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