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Force or withhold payment of individual
transactions, controlling the maximum payment amount, and /or
excluding specific vendors.
-
Organize vendor records quickly and easily,
and flag inactive records that are retained for historical
reporting.
-
Create a new vendor and remit-to location
when entering an invoice.
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Drill down from the vendor’s transactions and
payments in Vendor Activity to the originating transactions and
payments.
-
Indicate vendors subject to 1099/CPRS
reporting.
-
Drill down from General Ledger transaction
history to Accounts Payable transactions and then to originating
Purchase Orders transactions.
-
Import transactions from other applications.
-
Automatically distribute invoices to as many
general ledger expense or asset accounts as you require by
defining distribution sets.
-
Set up and schedule recurring payables for
invoices paid on a regular basis and automatically remind staff
to process recurring payables.
-
Calculate tax for vendor invoices or manually
distribute tax.
-
Track, calculate, and automatically retain a
portion of an invoice to handle common billing practices in the
construction industry.
-
View your vendor payments by bank range,
vendor range, check status, transaction type, date range, year
and period range, and check number range.
-
Generate and print system checks for current
payables and forced transactions with or without payments
advices.
-
Prepay invoices that you have not yet
received.
-
Automatically generate separate checks for
each invoice or create summary checks.
-
Reinstate invoices by reversing posted
checks.
-
Print checks in English, French, and Spanish.
-
Change discount percentages or amounts as
required and establish standard payment selection criteria for
creating check batches.
-
Keep details of all fully paid transactions
and print them when needed.
-
Print a journal of the entries posted in each
posting run, listing key pieces of information for tracking each
detail.
