The detail of how much has been paid off an individual invoice and which payments settled it can be inspected from simple enquiries. Invoices can be entered in any currency and the rate at which the invoice was converted and posted to the general ledger is retained. The difference on exchange is calculated and posted to the general ledger for total reconciliation of the control account to the suppliers' balances. Purchase orders can be created in any currency for stock and non stock items. Goods inwards entries update stock and the general ledger as necessary.
Orders can be partially received, the balance remains outstanding.
Supplier payments can be processed through the direct credit systems of any of New Zealand's major banks. The system will produce direct credit file which can be uploaded directly to the bank's software. Standard cost journals can be created for all stock movements and valuation amendments or cost roll ups. Multi-level bills of material for manufactured items. Multiple bills for different locations or production lines are also possible.