Accounts Payable & Owner Collections
The TOPS v3.2.1™ accounts payable module stores full vendor
histories, allows you to track open and closed invoices, print checks,
maintain a full history of each vendor, easily select invoices for
payment, and print reports. Benefits of this module include:
- Choose between a simplified Cash based accounting method, or
the more advanced Accrual method. This option is distinct from
the setting in the AR module to allow you to choose the accounting
set up most suited to your needs.
- Track vendor information, including contact info, default expense
account, and insurance data, complete with insurance expiration
warnings.
- Define global vendors for common maintenance across all communities.
- Enter vendors on-the-fly during invoice entry.
- Write manual checks or make partial payments on invoices.
- Print a range of reports including aged open items, check register,
and vendor history, even generate 1099s for vendors.
- Rest easy with overdraft warnings and audit trail reporting.
- Generate checks globally across your entire portfolio of communities
with the Global AP feature in the Global Module.
- Allow Board members to review and approve checks online with
the Online AP Approval
feature. Expand this feature with MICR
Check printing with Digital
Signatures to fully automate approval and check signing.
|
