CIMPAL Accounts Payable Capabilities
- Multiple companies and multiple banks are supported
- Due dates and discounts are automatically calculated
- Payments are typically scheduled in batches
- Checks can be generated either manually or in batches
- G/L postings can be for either single or multiple batches
- G/L distributions can be made to multiple accounts
- Partial payments are possible
- A complete history file for each vendor is maintained
- Vendor inquiries provide current status
- A/P provides receipt validation
- Reporting of 1099's is supported
- Debit memo capability is provided