Costpoint Accounts Payable handles virtually any type of requirement for a project-driven business. Accounts Payable plays a critical role in expense tracking and cash management and must also interface with many other areas of the accounting system.
In Accounts Payable, you can:
Enter vouchers
Match invoices with purchase orders and receipts (or pay on receipt)
Enter cost, hours, or unit information for vendors and subcontractors
Process discount and use tax accruals
Use laser checks
Print 1099s
Print checks on blank check stock
Process electronic fund transfers (EFTs) to vendors
Use many standard reports and drill-down inquiries.
See the Accounts Payable Task Flow diagram for related information.