Additionally, for accrual basis users, the system prints cash requirements, and allows the user to change or defer the payment due date. The Accounts Payable System has the capability to handle multi-company processing. There is complete vendor file maintenance and reporting. P.O. required, record creation, trade association, and discount percent. Vendor discounts are displayed and calculated by the system.
Address labels Complete location file maintenance and reporting.
Interactive entry and editing of new payables, including credits and manual checks, is allowed. Invoice date Due date General Ledger account number with full validation and display of account description. Up to 7 accounts can be entered on One screen Comment - up to 40 characters. The first 15 characters may be included in the description posted to the General Ledger. Shipping, handling, tax and discount dollars Common information for batch number, location and accounting period is entered at the beginning of the New Payables entry.