Accounts Payable
- Enter invoices, schedule for payment, and assign general ledger number for charging.
- Deferred expenses can be set up for expensing over an extended period of time.
- Percentage splits can be set up for charges to multiple departments.
- At month end, accounts payable charges are posted to the general ledger.
- Manual invoicing are generated for individual charges.
- Reoccurring charges are invoices automatically.
- Services paid in advance, such as dues, may be set up to defer, and income is taken over an extended period of time.
- Invoices may be reproduced and autofaxed to the customer.
- Items invoiced are charged automatically to the general ledger.
- Open invoices are retained in the system until paid in full.
- Payments may be applied by invoice, or automatically against the oldest invoices.
- Statements may be run for all customers, past due customers, or selected customers.
- Open items, and paid account history, may be recalled to the screen.
- Aged accounts receivable detail and summaries can be printed.
- Deductions can be set up for:
- Normal reoccurring items
- 401k plans
- Section 125 (cafeteria) plans
- Each pay period, time is entered for the employees.
- Taxes are calculated, net pay is figured, and payroll checks are written.
- Employees can be coded to have their pay split between multiple departments.
- At month end, charges are posted to general ledger.
- Schedules are produced:
- For 401K reporting
- For Quarterly tax reporting
- W2 processing at year end
- Items are auto posted from accounts payable, billing, payment posting, and payroll.
- A file of other, reoccurring postings, can be set up for autoposting.
- Additional journal entries can be posted.
- Budget figures can be entered.