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The Payables page will manage your payables by allowing you to enter all vendor invoices, including invoices for non-purchased items, to be entered into a single vendor invoice form which handles all terms, discounts, freight, tax and schedule to pay. If there are discrepancies with invoices, you can enable to hold function which allows you to enter a payable but not pay until resolution.
The AutoPay feature allows you to automate the process of finding unpaid invoices and paying them. This function will check for discounts and compare due dates to determine which invoices should be paid. Checks can be preprinted or essentially empty, with only the MICR encoding line at the bottom. Finally, the Form Designer allows you to design your own forms, including logos, color and all other design elements.
"Payables" is part of the Accounting line of products, developed by Nextsoft.
Accounting is a horizontal product. It offers functionality designed for usage across a wide variety of industries and business types.