Is Roundtable Software Advantage Accounting System right for your business?

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The Accounts Payable module makes vendor account management easier for your and your business. Invoices can be manually posted to a vendor’s account through this module or can be updated from the Purchase Orders module. You can pay off as many invoices as you like with one check. Custom check formats can be created through the Modify Reports program of System Administrator. You can view the current status of any vendor at any time or view a vendor’s history. For optimal cash management, the program can produce an aging/forecasting report detailing the amounts owed in each of 5 user-defined brackets.

Accounts Payable can be used stand-alone, or can interact with other modules as needed. Purchase Orders can create invoices in Accounts Payable for received goods; Job Cost can apply payables data to specific work orders and functions; General Ledger can be updated with either detailed or summarized invoice and check data; and Bank Reconciliation can gather checks from Accounts Payable.

  • Updates either detailed or summarized entries to General Ledger
  • Handles multiple cash accounts
  • Processes checks on an individual or batch basis
  • Pays invoices automatically on a user-defined basis
  • Credit invoices can be applied against future balances
  • Provides an on-screen aging to help you plan future cash needs
  • Keeps track of recurring charges
  • Stores and prints each vendor’s tax identification number as well as your account number with that vendor
  • Web site and email address can be retained for each vendor
  • Option to post and pay invoices in one step to quickly generate a check Prints 1099-MISC forms
  • Invoices can be flagged as on hold or for automatic disbursement
  • Checks can be voided after printing Maintains detailed check register of both unprinted and printed checks
  • Handles manual checks
  • The amount of data you retain is limited only by the size of your hard drive

Other Applications

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

"RTS-Advantage Accounts Payable Module" is part of the Roundtable Software Advantage Accounting System line of products, developed by Roundtable Software.