Financial Management
POWERFUL FULLY INTEGRATED ACCOUNTING MODULE
Accounts Receivable
- Customers can be setup with a range of options including:
- Credit Checking based on limits or aging buckets
- Unlimited search keys and shipping addresses
- Back Order functionality
- Email preferences for Invoices and Statements
- Email Notifications for Order updates
- Base Price Formula and Customized Pricing
- Core Tracking and/or Banking
- Customer History is stored for all transactions, check detail, core and invoice history.
- Notes can be entered for display in Sales Orders, Deliveries, or Received on Account or can be printed on specific documents.
- Payments can be entered manually or imported from a file.
Accounts Payable
- Vendors can be setup with a range of options including:
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- Regular, one-time, in-house, or “private” status
- Flagged for 1099 status
- Base Price Formula and Customized Pricing including Quantity Breaks
- Landed Cost Calculation
- Customized Terms that can be changed on the fly
- A Centralized A/P system supports a single/main company paying bills for branch stores.
- AP Invoice and Check History allow the inquiry on paid invoices and payments.
- Notes can be entered for display in Purchasing or A/P Invoice Entry or can be printed on specific documents.
- Invoices can be input manually or imported from a file or via EDI/810.
- Purchase Orders can be reconciled to AP Invoices.
General Ledger
- The General Ledger is posted automatically every day either in detail or summary for supported modules.
- Financial Statements can be designed by the user for accurate and up-to-date reporting.
- Retained Earnings are automatically posted at the end of the year.
- Budgets, Departments, and Recurring Journal Entries are all supported.