Accounts Payable

The Avatar400 accounts payable function reads the general ledger detail for inquiry purposes. Any report and inquiry screen will be tied to the general ledger. All reports and inquiry screens reflect the information as current as the last posting of invoice batches. The accounts payable function gives you the ability to:

• Perform accrual or cash based accounting
• Allow you to automatically tie all reports to the general ledger
• Choose to pay invoices partially or completely
• Setup the automatic validation of information as it is entered based on user defined edits
• Detect duplicate invoices from defenders
• Store and view a detailed history of information
• Enter 8/8ths or net amounts, when entering invoices for outside operated properties; this will then allow the system to determine if the ownership percentage used by the operator is the same as the DOI you set up within Avatar.
• Setup recurring monthly invoice capabilities
• Open payables reports by vendor, G/L date, and property