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 payment.

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



Fixed Assets
General Ledger
Purchasing

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 details.

Questions? Want more details? Contact:

sales@potomacsys.com
804.423.5300