A comprehensive set of
tools -- The CompassCPA Accounts Payable Module tackles invoice entry, check
processing, shares the information with CompassCPA General Ledger Module, and
provides complete audit trails for all activity.
Customize payment terms -- Accept payment terms from a purchase order, include or exclude
line items, override quantities, prices or accounting distributions.
Customize matching rules -- Match invoices to purchase orders within pre-defined matching
rules established for each vendor. Set up invoices for matching. Match to actual receipts
or line items.
React to wide range
of transactions -- Process employee advances and expenses, 1099 withholding and reporting
information. Record comprehensive information for vendors and allow for a one-time, quick
Maintain invoices -- Select invoices for payment based on the invoice discount or due date
for an organization, bank account, vendor, or all invoices on the system. Selected
invoices can be further maintained for payment by adding invoices, removing invoices,
specifying partial payment or viewing the selected invoices on-line.
Process multi-currency transactions -- Record invoices in the vendor's currency and
produce checks generated in either the vendor's or the organization's home currency with
all amounts converted to the organization's home currency for general ledger
processing--unrealized and realized currency gains and losses are calculated.
Automatic discount calculations
Automatic vendor numbering
Central or distributed processing
Easily maintained vendor due dates
Multiple bank accounts and bank reconciliation's
Multiple payment selection criteria
Multiple period processing to expedite invoice entry
On-line validation of general ledger account numbers
Parameter driven cash requirements plans
Payment cancellation with automatic invoice reinstatement
Prompt payment facility
Shared vendors in multi-company operations
Sophisticated hold payment techniques
Temporary vendor processing
Vendor alpha search facility
But that's just the beginning--the CompassCPA Suite allows you to integrate your
financial management information with distribution, manufacturing and human resource
functions, to give you a world view of your business and street-level access to the
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