ActiumERP Accounts Payable Overview

Accounts Payable Overview

• Transactions can be processed by Vendor Number or Vendor Name;
• Allows maintenance of all Master and Detail transactions with Audit Trail for General Ledger cross referencing;
• Accounts Payable is integrated with General Ledger and Purchase Order System;
• Provides unlimited Month History of all Accounts Payable transactions;
• Includes full Multiple Currency Exchange facilities;
• Allows entry and editing of new Payable, Recurring Expenses, Adjustments, Payments and Posting of Advanced Payments;
• Printing of a Transaction Register with an Automatic Folio Number as an Audit Trail to the General Ledger;
• Creates Automatic Due Dates and Produces Checks Registers;
• Displays or prints Pp-to-date Vendor Accounts, showing all Payments or Payables;
• Provides for Ageing, Purchase Journal and Accounts Payable History;
• Allows Flexible Payments selection and prints the Cash Requirements Report;
• Tracks Outstanding Checks and prints the Bank Reconciliation Report;
• Allows infrequent “Miscellaneous Vendor” for easy posting, eliminating the Detailed Vendor
• Master for specific infrequent suppliers;
• Provided default General Ledger Codes by Vendor;
• Printing of Labels or Mailing Tickets for window envelopes;
• Provides Group based or Individual Access Rights to restrict usage to specific Users and/or Groups.

For more information please contact us.