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Easily maximize cash flow
Forecast cash requirements
Reconcile cash needs for vendor payments
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Accounts Payable
With Navision's accounts payable, users can
stay on-top of a company's cash management. The accounts
payable system precisely releases vouchers for payment when
they are due. Users can decide if they would like to take
advantage of early payment discounts to further improve
a company's profitability. Forecasting future cash requirements
is just as easy using Cash Requirement by Due Date report.
All payable transactions are recorded in the
system instantaneously. Users can see the amount due to
each vendor on a real-time basis. With one button, users
can research payment history for a vendor.
During the payment process, users can review
perspective payments and make adjustments including adjusting
payment amounts, forcing a payment discount, or excluding
a payment entirely. In addition, users can verify the availability
of funds prior to printing checks with Navision's bank management
integration.
Summary of benefits
- Real time balance information for each vendor
- Ability to manage payment terms per vendor
- 1099 tracking and reporting
- Ability to put vouchers on hold
- Ability to select vouchers for payment based on payment
discount terms
- Vendor payments by computer check, handwritten check,
or electronic payment
- Ability to reconcile vendor payments with bank accounts
prior to check processing
- Integration with General Ledger and Bank Management
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