Accounts Payable can be a powerful cash management tool. In addition to saving time posting invoices, it eliminates duplicate payments and provides up-to-date information on vendors. The module can run as a stand-alone entity or be fully integrated with the other IMACS modules.

Major features includes:

• Multi-company and inter-company account distribution.

• Pre-defined G/L accounts by company for easier distribution.

• Batch control totals.

• Matching of vendor invoices to receiving documents.

• Cash flow forecasting.

• Computer generated checks, ability to make partial payments or place specific invoices on hold.

• Ability to process manual checks.

• Extensive reporting capabilities.

• Vendor memoranda entry and reporting.

• Links to your bank.

• Expense distribution allocations.

• Vendor history inquiry and statistics.

• Compare original P.O. amounts to invoice amounts.