Proper management of Accounts Payable is essential to the success of any business. The INMASS/MRP Accounts Payable program provides a comprehensive, powerful, yet extremely easy-to-use tool for the effective management of any company's payables. Accounts Payable integrates automatically with the Purchasing and General Ledger systems.

FEATURES AND BENEFITS

• Up to 9,999,999,999 expense categories.
• Flexible Account Numbering: Vendor account numbers are 10-digit, alphanumeric.
• Flexible Credit Memo Processing:
  • Apply to specific invoice.
  • Apply to account, select automatically for use.
  • Apply to account, select manually for use.
• Supports Multiple Checking accounts.
• Allows entry of manual checks.
• Allows Partial Payments.
• Terms calculation: Calculated due date and discount date based on vendor's terms; allows operator override.
• Performs automatic pay selection, but allows manual override.
• Takes discounts automatically when applicable.
• Invoice recurring payments (like rent) automatically.
• Flexible aging: The aging periods on the Aged Trial Balance and Cash Requirements reports are user-definable. Aging can be based on invoice date or due date.
• Inquiry capability: All details of a vendor's account can be displayed on the screen or printed at any time.
• Prints vendor mailing labels.
• Integrated with other INMASS/MRP programs: Vendor invoices can be entered automatically through the Purchasing program. Payables summaries can be posted to the General Ledger at any time: daily, weekly, or monthly.
• Interfacing with outside programs: All data files can be converted to ASCII for use by outside database managers, spreadsheets, etc.