Enterprise 21 ERP Software: Accounts Payable Invoice Processing

Enterprise 21’s account payable module provides optimized processing of payables via an easy to use online three way matching process to ensure your cash is utilized in the most efficient manner possible.

Invoice Processing and Automatic Ledger Transfer

• Individual profit center balances are maintained regardless of whether they are paid from a central checking account or the individual profit center account.
• Vendor invoices may be expensed to multiple profit centers. Profit centers maintain individual portions of the liability for the invoice through automatic ledger transfers.
• Profit centers can be analyzed as business entities with cash flow, asset and liability, and balance sheet information.
• Provides ability for centralized or remote cash management.
• Reduced operator entry through user-defined defaults provides improved productivity. Only vendor, invoice number and invoice amount information is required for most items.
• Error checking for duplicate invoices and payments.
• Allows for advance payments and postings of special purchases.
• Unlimited invoice entry per control batch.
• Invoices may be set up with an unlimited number of payment dates which are defined during invoice entry.
• Invoice reversal function automatically issues a credit memo in full and ensures that the correct accounts and amounts are credited.
• Users can process invoices and debit memos from the same screen.
• Provides "window" into reference data for easy selection in many cases.
• Satisfies invoices due inter-company vendors without printing checks.

The accounts payable module also offers sophisticated, yet easy to use invoice entry and matching and check processing designed to accommodate small companies to publicly held enterprises.

Interested in learning more? View an online demonstration or download product brochures. Or if you like immediate answers to your specific requirements, contact TGI’s corporate office to speak with a sales representative at 800-837-0028.