Accounts Payable

The Accounts Payable module efficiently manages your company’s expenditures, saving you time and money. This advanced module stores, sorts, and organizes vendor information and transactions. The Accounts Payable module then uses the information to produce a wide range of reports including the new Quick View reports, which present three dimensional representations of your purchase history and much more

In addition, the Accounts Payable module saves you valuable time by dating your open invoices so you can easily discern how old they are, displaying the amount of cash needed to pay the invoices, and suggesting the best day to pay each invoice. You can also use the Accounts Payable module to take advantage of any early-payment discounts offered to your company. The module can be set up to make automated invoice payments prior to the discount expiration dates saving you money.

Aside from operating seamlessly with General Ledger, the Accounts Payable module also integrates with other modules for a smoother transition of information. For example, when used with the Job Cost module, Accounts Payable provides effortless tracking of project opportunities. For example, when you set up cash accounts in Cash Management, the Accounts Payable module updates these accounts with check information so you can accurately reconcile your cash accounts to our bank statements.

You can also post nvoices to the Accounts Payable module from Inventory Control when receiving purchase orders, and purchase orders can be sent to a vendor via e-mail, saving time and money. Additionally, this seamless information flow between modules eliminates double entry and suits the unique needs of today's widely-varying companies with a series of profit-increasing accounting capabilities.

Take control of your company's purchasing power and outflow with the Sage BusinessWorks Accounting Accounts Payable module.