Accounts Payable
Accounts Payable is your financial management system’s central point for tracking invoices, generating payments, managing cash flow, and producing year-end compliance reporting. Accounts Payable is designed to provide comprehensive control over the payables portion of your agency’s financial activities.
Program Integration
As with all WinTen² modules, Accounts Payable is designed to integrate with other programs in the WinTen² product line. This data sharing allows for more efficient operation, as multiple programs can pass data back and forth without the need for operator intervention. Accounts Payable integrates with the following other WinTen² modules:
General Ledger
Payables posts invoice entries automatically to General Ledger during the check process. Payables supports encumbrance accounting for those agencies that wish to implement encumbrance accounting at their organization.
Purchase Order
Payables can import the invoice data from received purchase orders, turning this into ready-to-be-paid invoices for the vendors already in its database. An option allows the user to auto-receive purchase orders and update inventory when the invoice is created.
Tenant Accounts Receivable
Receivable can create vendor records in Accounts Payable for tenants or former tenants who need to be issued refund checks. It will also create invoices for these checks.
Contact us to learn more about this program and the rest of the WinTen² programs.
