Is TSEFS right for your business?

TSEFS is a great fit for many businesses. Find out if it's the right choice for you! Are you looking for a TSEFS demo, technical support, product or pricing information or to simply to compare TSEFS with competitive options? Quickly get answers and the information you need.

The Smart Executive Financial Software Accounts Payable (TSEFS A/P) will help you to manage all payables with flexibility, maximum efficiency and increased productivity.

With its Early Payment Discount, Cash Requirement, A/P Ledger and Other A/P Reports, it provides a profile of each supplier and all the necessary information to keep you well informed, take available discounts and be in total control to increase your profit margin.

TSEFS A/P is available in either single or multi-user versions. It can function as a stand-alone module, but when integrated with TSEFS G/L, Bank Account Manager, P/O, W/M, S/O or PJC and I/C modules, the end result is a complete, one-stop, business software solution, which will for many years, continue to yield very high return on your investment.

Features & Capabilities:

  • Only authorized users can access TSEFS A/P information.
  • Each vendor or supplier account can be maintained by 12 or less alphanumeric character code.
  • Unlimited vendor or supplier accounts. *
  • Ability to recall vendors by either vendor number, name or telephone number.
  • Shows total outstanding A/P during on-screen look-up of vendors’ accounts.
  • Ability to restore or recover deleted vendor information before A/P Clean-up function is used.
  • Ability to completely remove all deleted vendors from file to recover and re-use disk space.
  • Ability to keep unlimited notes on individual vendor accounts. *
  • Ability to assign and maintain the type of currency for each vendor account.
  • Maintains open item accounting by vendor or supplier.
  • A/P reports show vendor account balances in both vendors’ and local currencies.
  • Maintains supplier’s contact, telephone and fax numbers.
  • Payment terms, credit limit and retail sales tax code kept for each supplier.
  • On-screen statistics of purchases, payments and balances for each month for each supplier. *
  • Ability to enter and post vendor invoices and memos to A/P and G/L.
  • Ability to enter and post supplier or sub-contractor invoices for materials, labour, etc. to Jobs and Tasks. *
  • Supports payments of one or more invoices on one cheque.
  • Supports full and partial payment on vendors’ accounts.
  • Automatic calculation of early payment discounts.
  • Discounts can be applied while recording vendor payments.
  • Ability to keep fully paid invoices for a fiscal year.
  • Ability to recall and show internal notes for individual invoices and related transactions.
  • Ability to periodically remove fully paid invoices from file.
  • Ability to establish or reset A/P starting cheque number.
  • Prints and reprints cheques and payment stubs in user defined format.
  • Ability to void and reverse cheques.

* Means only available in TSEFS Advanced Edition.

Other Applications

The following applications are designed to work hand-in-hand with Accounts Payable:

"Accounts Payable" is part of the TSEFS (The Smart Executive Financial Software) line of products, developed by Proficient Business Systems.