Accounts Payable is a high-productivity accounting solution that
helps maintain strong controls, prevent duplicate payments, and pay for only the
goods and services ordered and received, while still maintaining the flexibility
needed to ensure ease of use. Web Ledger provides an optimum solution for
maintaining strong vendor relations. An easily accessible vendor aging
information feature facilitates accurate, timely payments, enhancing vendor
account management. In addition, you can retrieve detailed transaction history
by document or account. You can expedite vendor payments by paying several bills
on a single check-run.
- Automatically calculate vendor invoice due dates
- Store all pertinent vendor data in a vendor profile,
ensuring that purchase documents contain correct payment terms, shipping
method and addresses, credit limits.
- Specify user-defined payment terms
- Maintain real-time balances without the delays associated
with conventional batch processing methods
- Make payments for multiple outstanding vendor's invoices
with a single cheque
- Support for
electronic fund transfers
- Recurring/Standing orders
- Integrated Electronic document
filing for Tax Invoices, Bills etc.