// PLATFORM MODULE
Accounts Payable.
Vendor invoices in, clean payments out: checks, ACH and the controls your bank and your auditor expect.
What's inside.
- Vendor records with purchase addresses, payment terms, 1099 status and banking details.
- A financial dashboard per vendor: year-to-date purchases, payments and prepayment balance.
- A complete transaction ledger for every vendor.
- Vendor invoices posted and matched to purchase order receipts.
- Invoice adjustments and corrections, with a posting trail.
- Payment runs with automatic invoice selection, or invoices picked by hand.
- Check printing, voiding and reissue.
- Checks emailed to vendors when paper doesn't need to travel.
- ACH payment runs with bank-ready payment files generated by the system.
- Positive pay files for check fraud prevention.
- Vendor prepayments applied, unapplied and tracked.
- Key-offs for the items that never match cleanly.
- Bank reconciliation across deposits and disbursements, with batch cleared-status updates.
- Close-date password protection so prior periods stay closed.
- Vendors flagged for 1099 tracking year-round, with a year-end 1099 report.
- Eight built-in reports: vendor roster, schedule of payables, expense journal, check disbursements, cash requirements, suggested pay, held invoices and 1099.
See it on real work.
A demo runs a sample product end to end on dummy data. Bring your process and we'll show you how Accounts Payable handles it.