Accounts Payable

BIS Accounts Payable module automatically updates the Accounts Payable Journal, General Ledger, Financial Statements, Vendor Ledger, Vendor File, Job Cost, Subcontract File, Inventory File, Purchase Orders File, 1099 File, and the Vendor History File. The books are always current as of the most recent invoice entered or paid!

Some BIS Account Payable Features Include:

• Entries automatically update the A/P Journal, Vendor File, Vendor Ledger, 1099 File, General Ledger, Job Cost File, Subcontract File, Financial Statements, Purchase Order File, and Inventory File
• Invoices can be distributed to mulitple General Ledger and Job accounts
• Retention tracking of A/P invoices
• Flexible check writing and partial payments
• Purchase Order vouchers can be generated to help control the purchasing of new products and services
• Budgeting: Evaluate future cash requirements
• “Zoom” feature allows instant look-up of unpaid invoices in selection for payment
• Helps you take maximum advantage of managing credit accounts
• User definable Vendor numbers or names
• MRP:Automatically updates inventory on hand when payable invoice is entered
• Recurring A/P Vendor Invoices,User Definable Fields (BIS Professional and Enterprise)

Some Sample Account Payable Reports Include:

• Vendor List Summary, Detail, Extended, Contact or Udf
• Vendor Labels - 10 pre-defined continuous or laser labels
• Purchase Order List Summary, Detail or Extended
• Purchase Order Form Continuous or Laser
• Purchase Order Analysis Summary or Detail
• Accounts Payable Journal Summary, Detail or Extended
• Invoice List Detail or Extended- with or without paid invoices, open invoices and on hold invoices
• Recurring Payables Groups Summary or Detail
• Recurring Payables Invoices Summary or Detail
• Vendor Ledger Summary, Detail or Extended
• Vendor Aging Summary, Detail or Extended
• Job Aging Summary or Detail
• Prepayment List Summary, Detail or Extended - for cash demand requirements and review prior to printing checks
• Accounts Payable Checks Laser or Continuous
• Vendor Payments Summary or Detail
• Worker’s Compensation Insurance Expiration Summary
• Liability Insurance Expiration Summary
• 1099 Report Summary or Detail
• 1099 Miscellaneous Laser, Laser-Draft or Continuous Forms
• 1099 Dividends Laser, Laser-Draft or Continuous Forms
• 1099 Interest Laser, Laser-Draft or Continuous Forms
• 1099 Magnetic Media (BIS Professional and Enterprise)