Accounting and Financial Management

At the core of Averiware offers a world-class Accounting and Financial Management module. You can now have access to real-time data from any of your company's divisions or locations - including orders from your Web site storefront. With over 40 standard reports, plus the ability to define customized reports, you can get all the information you need to run your business better.

Features:

Payables

• User-defined periods for ageing
• Multiple AP control accounts
• Batch check printing
• Void Check with automatic reversal of GL entries
• Multiple payment capability - Checks, Wire Transfers, Credit Cards
• Records and tracks credit card purchases
• Payment and/or purchase hold
• Prepayments without invoice
• Automatic or manual application of payment
• Advance payment with automatic application to invoices
• Debit Memo for returns, discounts and other reasons
• Early payment discounts with Vendor Discount Analysis
• 1099 vendor reporting
• Miscellaneous bill creation and payment

Receivables

• Single click creation of invoices from packing slips
• Unlimited ship-to addresses
• Full fledged sales tax rules engine, with State, County, City and Zip demarcation tax rates, handling item and customer sales tax exemptions and exceptions
• Credit memo for sales returns or discounts
• Returned checks
• Freight calculated automatically
• Advance receipt and auto apply of advances
• Multiple GL control accounts
• Customer aging and statements
• Sales outstanding and collection analysis

General Ledger

• Seamless integration with automatic posting of entries by other modules - immediate or deferred
• 24-digit account numbers
• Bank reconciliation
• GL detail reporting with drill down to individual transactions
• Unlimited number of accounts through chart of accounts
• Custom grouping of accounts for reporting