Accounts Payable
The ACUMEN Accounts Payable function
is a complete system for maintaining close control over disbursements
and money due and payable. It is tightly integrated with the General
Ledger, Royalties, and Job Cost functions to streamline your work
load. |
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| Accounts Payable features |
- An unlimited number of vendors can be set up.
- Multiple AP general ledger accounts can be tracked.
- A voucher can be allocated to multiple GL accounts.
- Vouchers can be paid partially or in full.
- Partial payments may be entered as an absolute amount or a percentage.
- A single check to a vendor may pay for up to 14 invoices (vouchers).
- Discounts for vouchers can be handled automatically.
- Aging periods can be user-defined.
- Auto calculation of vendor due date is based on predefined vendor
payment terms.
- An on-line vendor Event History can be maintained.
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| Receipt Features |
- The Receipt system handles both AR and Cash receipts.
- All open invoices for any customer can be displayed in a receipt
by entering a customer's name, ID, or any open invoice ID for
that customer.
- A receipt can be allocated to any number of open invoices.
- A receipt for which there is no open invoice (a deposit) can
be allocated to "on account" and reallocated to an invoice at
a later time.
- When the Auto-apply feature is turned on, ACUMEN will scan for
an open AR item that matches the check amount and apply it automatically.
- Open AR items displayed can be limited by search criteria.
- Open AR items can be applied with a single-click.
- Multiple open AR items can be automatically paid by date.
- When you enter an allocation amount for any open invoice, both
the receipt and invoice balance are immediately updated on-line.
- The Receipt/Deposit Report can be used as a deposit slip. A
cash receipt can be allocated to any GL account.
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| AP/Reports:The
following pre-formatted reports and documents come with ACUMEN. |
- AP Detailed Aging: A detailed report
of accounts payable for all or selected vendors. Can be printed
with full history or only open items.
- AP Disbursement Journal: A journal
of open AP items to pay.
- AP Summary Aging: A detailed report
of accounts payable, for all or selected vendors. Can be printed
with full history or only open items.
- AP Voucher Journal: A report of
user-selected vouchers (vendor invoices).
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| Accounts
Payable Screenshots: See some of the actual screens used
in ACUMEN. |
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