Accounts Payable

Use the ABS Accounts Payable system to perform the following functions:

• Process multiple-company transactions and produce inter-company reports.
• Maintain current, month-to-date, and previous-year totals by company and by vendor.
• Automatically balance Accounts Payable amounts by invoice, by vendor and by company.
• Automatically establishes invoice due dates and calculate discount amounts based on those dates.
• Automatically schedule invoices for payment and calculates payment amounts, taking advantage of all available discounts.
• Process payment of invoices automatically or as selected by the user.
• Accommodate manual check entry and void check entry.
• Automatically distributes all expense and disbursement amounts to appropriate General Ledger.