Accounts Payable Features

• Provides unlimited number of invoices for each vendor.
  
• Provides management with timely information to be used in cash management, including cash requirements forecasting (by week and month) and vendor discounts optimization.
  
• Provides control and an audit trail to the automated cash disbursement process.
  
• Automatically produces accounts payable checks.
  
• Reduces the opportunities for clerical errors in the processing of cash disbursements.
  
• Detects expired certificates of insurance.
  
• Produces partial waivers of lien.
  
• Provides historical and analytical information by vendor or job, to be used in negotiation of prices for future estimating and purchasing.
  
• Automatically updates vendor history file.
  
• Provides security control by limiting access to various fields to only authorized personnel.
  
• Automatically updates the General Ledger, Job Cost Control, and Purchasing Records as a result of processing an Accounts Payable transaction.