Accounts Payable

Effective Control

PFM Accounts Payable gives you the ability to get instant access to vendor activity. It enables you to view all activity (current and historical) related to a vendor through one easy to view window.

As with all other modules of PFM, Accounts Payable is integrated with all necessary facets of PFM including: Bank Reconciliation, Cash Management, and General Ledger.

Vendor Management

Accounts Payable is the foundation of the information you need for Purchasing. With PFM you can collect vendors addresses, phone, fax, email, payment terms, and credit limits. You can optionally define your own fields to have PFM track and report.

PFM enables you to profile your vendors for reporting purposes. User defined vendor types can be defined and reported by type.

Need to attach a note to a vendor or activity? Need to check back to see if the vendor delivered product when promised? Well, with PFM’s “Notes” module you can do this with ease!

When you need information related to a vendor, the last thing you want to do is go to a file cabinet and get it. Well, with PFM, every detail related to the vendor is at the click of a button. If you are trying to reconcile a vendors account, PFM will provide you detail of every transaction for up to five years of history.

PFM’s Accounts Payable provides many reports designed to help you make informed decisions. Reports always provide sort and selection criteria allowing you to choose a variety of reporting capabilities Reports include:

• Vendor List
• Cash Requirements
• Check Register
• Cash Disbursements Journal
• Aged A/P Report