Accounts Payable

• Suppliers can be defined in any currency.
• Invoices can be entered against goods received with a user definable allowance for over invoicing. Thus ensuring payment is only made for goods received.
• Invoices can be entered as a cost of a shipment for apportionment between the items on the shipment.
• An aged listing of balances is available as a pdf showing either summary balances or the detail invoice by invoice of the balance of the account.
  Retrospective allocation or de-allocation of payments to invoices. With differences on exchange reported.
• Supplier invoices cannot be entered with the same reference as prior invoices.
  Supplier invoices/credits can be entered against the internal record of goods received from the supplier. Providing an internal check to ensure only those goods received are paid for.
• Supplier invoices for freight/duty etc can be charged against shipments from other suppliers.
• Supplier invoices can be entered directly against multiple general ledger codings.
• Inquiry on Suppliers account shows all transactions.
• Fully integrated general ledger postings keeps the creditors control account in line with the supplier balances in local currency.
• Payment run creates payment transactions based on payment of all due invoices not flagged as held.
• A petty cash expense reimbursement module is available for sales people to enter their claims.