The Software's Accounts Payable module is full-featured and tightly integrated with it's receiving system and the general ledger. All accounts are user-selectable between the Balance Forward or Open Item purge methods. You may Apply Payment Terms to any invoice to reflect future payment due dates as per agreements between you and your suppliers.
A supplier's payable account may be accessed quickly from either the software's Contacts Manager or it's Reports Manager. Your payments may be made against Oldest Outstanding Invoices, against Selected Invoices, or simply On Account.
A unique and powerful feature called View Details allows you to see the historical details of any transaction. For instance, you may use View Details to see what payments or credits caused an invoice to be partially paid.
Tools allow you to easily update Invoices, and create credit or debit adjustments. Detailed and Summary Accounts Payable reports may be prepared and printed or exported using the Reports Manager.
In the Franchise and Enterprise editions, you have the option of implementing enterprise receivables and payables which provides the ability to consolidate reporting across all locations and generate combined statements.
Supplier invoices containing parts and/or supply purchases are posted to accounts payable from the Purchase Manager. To review, see Supplier Invoices.
Supplier credit slips for returned goods and cores are posted to accounts payable from the Purchase Manager. To review, see Processing Returned Goods.
Default supplier due dates are configured in the location defaults.
Related reports can be found in Reports Manager.